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Japan’s Toyo Engineering has picked up a 47% stake in Indonesia’s Inti Karya Persada Teknik, (IKPT) amid an increase in tendering activity for infrastructure and oil and gas projects in the south-east Asian country.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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