Management

BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.

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