Management
Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
SPE President Jennifer Miskimins lent her expertise to Science Friday’s conversation about Venezuelan oil, explaining the reality of what it would take to extract and refine it.
US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
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The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025. -
The company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.
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The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
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The energy-focused LLM project by Aramco Americas, SPE, and i2k Connect has entered the testing phase and is on track for licensing to operators later this year.
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The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.
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Cooldown cargo is set to be delivered to Kitimat, BC, from Australia in early April, the final step prior to official startup.
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Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
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The new joint venture aims to apply US expertise to unlock Turkey's domestic unconventional resources, helping it to achieve its goal of energy independence and to become a regional hub and major exporter of LNG.
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The supermajor believes oil and gas will continue to play a major role in the global energy mix over the next 25 years.
