Europe

SPE Offshore Europe has reaffirmed its position as Europe’s leading offshore energy event, welcoming more than 25,000 professionals to P&J Live in Aberdeen 2–5 September 2025 in what was widely regarded as a landmark week for the sector.

The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.

As part of Italy's Mattei Plan—named after Enrico Mattei, Eni's first chairman—Eni will invest close to $9 billion each in Algeria, Libya, and Egypt.

By repurposing Italy’s depleted Porto Corsini Mare Ovest offshore gas field for CO2 storage, Eni and Italian grid operator Snam have positioned the Ravenna CCS project to play a major role in the EU’s development of more than 50 mpta of CO2 storage capacity by 2030.

At peak, annual production from the two fields offshore Italy is expected to reach 1.5 Bcm.

The 2-day event hosted in Turin, Italy, provided a common platform across various disciplines, spotlighting the notable scientific and technical advancements in the energy transition.

JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine.

The act aims to create safeguards around general purpose artificial intelligence, limit the use of biometric identification systems by law enforcement, and ban social scoring the untargeted scraping of facial images from CCTV footage to create facial recognition databases.

The US has had a lackluster response to the emergence of the technology, currently lacking any comprehensive roadmap for adoption, which translates into a low adoption rate.

The US accounted for 75% of global growth in LNG liquefaction capacity last year as Europe’s worldwide imports jumped 66%, according to the International Gas Union.