GlobalData’s latest report, ‘Top Oil and Gas Companies Planned Projects and Capital Expenditure Outlook in Europe – Equinor Leads Capital Spending Across Oil and Gas Value Chain’, reveals that Equinor ASA tops the companies European spend list with an estimated capex of US$12.4 billion expected to be spent on 24 projects. Gaz-System SA and Snam S.p.A. are the second and third biggest investors with US$5.8 billion (30 projects) and US$5.6 billion (25 projects), respectively. With Petoro AS in fourth position with US$3.8 billion (seven projects) and Lundin Petroleum in fifth with US$3.7 billion (3 projects).