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Saipem Gets Green Light to Start Work on CCS Project in Sweden
Engineering and construction specialist Saipem has received a notice to proceed with the EUR 600 million ($647.3 million) contract for a large-scale carbon dioxide (CO2) project in Sweden. The company said in a media release that it will implement the CO2 capture project at Stockholm Exergi’s existing bio-cogeneration plant. Saipem said the contract entails detailed engineering, procurement, construction, and commissioning of the carbon capture, storage, and ship loading systems. These actions follow the successful conclusion of the initial engineering and procurement services carried out following the Letter of Intent announced on July 26, 2023. Once the plant is operational, it will capture 800,000 tonnes of biogenic carbon dioxide each year from the biomass-fueled Värtaverket power plant in Stockholm, allowing for a net reduction of CO2 from the atmosphere. Saipem stated that this contract allows it to play a part in executing one of the globe’s most significant large-scale carbon capture projects, reinforcing its role in promoting the decarbonization process in Europe. Stockholm Exergi, which has obtained funding from the European Innovation Fund and the Swedish Energy Agency’s reverse auction for its project, will be among the first companies globally to develop a Bioenergy with Carbon Capture and Storage (BECCS) model, Saipem said. This will allow for the combination of decreased carbon dioxide emissions with “negative emissions,” accompanied by Carbon Removal Certificates that can be traded on the voluntary market, the contractor said. In its media release, Stockholm Exergi said the investment decision marks a major milestone in a SEK 13 billion ($1.3 billion) project which is set to be operational in 2028. “This is a historic moment for Stockholm Exergi and for the green transition. We have worked purposefully for many years to make bio-CCS a reality, and today’s decision means that we are moving from plans to action. With

European cloud group invests to create what it dubs “Trump-proof cloud services”
But analysts have questioned whether the Microsoft move truly addresses those European business concerns. Phil Brunkard, executive counselor at Info-Tech Research Group UK, said, commenting on last month’s announcement of the EU Data Boundary for the Microsoft Cloud, “Microsoft says that customer data will remain stored and processed in the EU and EFTA, but doesn’t guarantee true data sovereignty.” And European companies are now rethinking what data sovereignty means to them. They are moving beyond having it refer to where the data sits to focusing on which vendors control it, and who controls them. Responding to the new Euro cloud plan, another analyst, IDC VP Dave McCarthy, saw the effort as “signaling a growing European push for data control and independence.” “US providers could face tougher competition from EU companies that leverage this tech to offer sovereignty-friendly alternatives. Although €1 million isn’t a game-changer on its own, it’s a clear sign Europe wants to build its own cloud ecosystem—potentially at the expense of US market share,” McCarthy said. “For US providers, this could mean investing in more EU-based data centers or reconfiguring systems to ensure European customers’ data stays within the region. This isn’t just a compliance checkbox. It’s a shift that could hike operational costs and complexity, especially for companies used to running centralized setups.” Adding to the potential bad news for US hyperscalers, McCarthy said that there was little reason to believe that this trend would be limited to Europe. “If Europe pulls this off, other regions might take note and push for similar sovereignty rules. US providers could find themselves adapting to a patchwork of regulations worldwide, forcing a rethink of their global strategies,” McCarthy said. “This isn’t just a European headache, it’s a preview of what could become a broader challenge.”

TGNR adds East Texas gas assets in $525-million deal with Chevron
The deal adds over 250 gross locations to TGNR’s existing Haynesville inventory (assuming four wells per section), extending inventory life beyond 20 years at the current development pace, not counting the Bossier and Cotton Valley plays which are commercial at current prices, the company said in a release Mar. 31. According to its website, Chevron holds about 72,000 net acres (283 sq km) in the Haynesville shale in East Texas as of Dec. 31, 2024. TGNR said the deal’s acreage is “relatively undrilled and held by shallower production, allowing parent-child effects between wells to be mitigated.” The company expects to realize synergies of over $170 million during the assets’ development. Chevron, in a separate release Mar. 31, said the deal is expected to generate over $1.2 billion in value to the company at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest. For Chevron, the deal with TGNR supports its plans to divest $10-15 billion of assets by 2028. TGNR is focused on the Ark-La-Tex region of East Texas and Northern Louisiana. It is owned by TG East Texas Resources LLC, a wholly owned subsidiary of Tokyo Gas America, and CCI US Asset Holdings LLC, a wholly owned subsidiary of Castleton Commodities International LLC. The purchase price is comprised of $75 million paid in cash and $450 million as a capital carry to fund Haynesville development.

Market Focus: Insights from Oil & Gas Journal’s latest capital spending survey
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Equinor begins production at Johan Castberg
Equinor Energy AS began production at Johan Castberg oil field in the Barents Sea on Mar. 31, 2025. The field is expected to produce for 30 years. Twelve of the 30 total wells are ready for production, sufficient to bring the field up to expected plateau production in second-quarter 2025, the operator said in a release Mar. 31. Drilling operations are expected to continue towards late 2026. Johan Castberg lies 100 km north of Snøhvit field in Blocks 7219/9 and 7220/4,5,7 in 360-390 m of water. The field consists of Skrugard, Havis, and Drivis discoveries made between 2011 and 2014. It is the second oil field in the Barents Sea and Norway’s northernmost field. Field development is based on a production vessel tied back to an extensive subsea field with a total of 30 wells distributed between 10 well templates and two satellite structures (OGJ Online, Dec. 10, 2024). The Equinor-operated Johan Castberg FPSO has a gross capacity of 220,000 b/d of oil. Its design storage capacity is 1.1 million bbl of oil. The field holds gross recoverable volumes of 450-650 million bbl of oil. The Johan Castberg area holds upside as several new discoveries made in recent years are already being matured into projects, including Johan Castberg Cluster 1, said partner Vår Energi ASA. Cluster 2 is progressing through near field exploration, and an extensive infill drilling program is being planned, the company said. A total of 250-550 million bbl of oil of additional gross unrisked recoverable resources have been identified in the area. Equinor is operator (46.3%) with partners Vår Energi ASA (30%) and Petoro AS (23.7%).

Infinity Natural Resources plans capex ramp, greater gas emphasis
Leaders of Infinity Natural Resources Inc., Morgantown, W.Va., plan to ramp up capital spending this year across their Appalachian holdings and tilt their development work more toward natural gas. Infinity, which went public earlier this year, spent $166 million last year on drilling and completion work in the Appalachian basin—where it produces oil from the Ohio Utica basin and gas from holdings in the Utica and Marcellus regions—as well as $5.5 million on its midstream assets and $108 million on land. This year, president and chief executive officer Zack Arnold told analysts on a conference call that his team will have “limited need” to add to its land holdings. But Infinity’s leaders are forecasting that their drilling and completions spending will grow this year to $240-280 million as the operator looks to capitalize on improving gas market fundamentals. Spending on midstream assets is expected to grow to $9-12 million. Infinity’s portfolio comprises about 60,000 acres in Pennsylvania that at end-2024 sported 179 undeveloped locations as well as roughly 63,000 net acres in the Utica’s volatile oil window, where it had 154 undeveloped locations. The operator’s 2024 production averaged 24,100 boe/d (27% oil, 53% gas, 20% natural gas liquids), which was an increase of 28% from the year before thanks in large part to the addition of 12 net wells in the Utica. Arnold and his team are planning to grow production to 32,000-35,000 boe/d this year. The company expects to run one rig for the year with a second rig added to initially develop a four-well pad in the Marcellus. “Our 2025 plan highlights a transition towards a greater balance between natural gas and oil-weighted wells,” Arnold said on the call after noting the oil wells turned in line last year as well as the deferral of completion work on

Saipem Gets Green Light to Start Work on CCS Project in Sweden
Engineering and construction specialist Saipem has received a notice to proceed with the EUR 600 million ($647.3 million) contract for a large-scale carbon dioxide (CO2) project in Sweden. The company said in a media release that it will implement the CO2 capture project at Stockholm Exergi’s existing bio-cogeneration plant. Saipem said the contract entails detailed engineering, procurement, construction, and commissioning of the carbon capture, storage, and ship loading systems. These actions follow the successful conclusion of the initial engineering and procurement services carried out following the Letter of Intent announced on July 26, 2023. Once the plant is operational, it will capture 800,000 tonnes of biogenic carbon dioxide each year from the biomass-fueled Värtaverket power plant in Stockholm, allowing for a net reduction of CO2 from the atmosphere. Saipem stated that this contract allows it to play a part in executing one of the globe’s most significant large-scale carbon capture projects, reinforcing its role in promoting the decarbonization process in Europe. Stockholm Exergi, which has obtained funding from the European Innovation Fund and the Swedish Energy Agency’s reverse auction for its project, will be among the first companies globally to develop a Bioenergy with Carbon Capture and Storage (BECCS) model, Saipem said. This will allow for the combination of decreased carbon dioxide emissions with “negative emissions,” accompanied by Carbon Removal Certificates that can be traded on the voluntary market, the contractor said. In its media release, Stockholm Exergi said the investment decision marks a major milestone in a SEK 13 billion ($1.3 billion) project which is set to be operational in 2028. “This is a historic moment for Stockholm Exergi and for the green transition. We have worked purposefully for many years to make bio-CCS a reality, and today’s decision means that we are moving from plans to action. With

European cloud group invests to create what it dubs “Trump-proof cloud services”
But analysts have questioned whether the Microsoft move truly addresses those European business concerns. Phil Brunkard, executive counselor at Info-Tech Research Group UK, said, commenting on last month’s announcement of the EU Data Boundary for the Microsoft Cloud, “Microsoft says that customer data will remain stored and processed in the EU and EFTA, but doesn’t guarantee true data sovereignty.” And European companies are now rethinking what data sovereignty means to them. They are moving beyond having it refer to where the data sits to focusing on which vendors control it, and who controls them. Responding to the new Euro cloud plan, another analyst, IDC VP Dave McCarthy, saw the effort as “signaling a growing European push for data control and independence.” “US providers could face tougher competition from EU companies that leverage this tech to offer sovereignty-friendly alternatives. Although €1 million isn’t a game-changer on its own, it’s a clear sign Europe wants to build its own cloud ecosystem—potentially at the expense of US market share,” McCarthy said. “For US providers, this could mean investing in more EU-based data centers or reconfiguring systems to ensure European customers’ data stays within the region. This isn’t just a compliance checkbox. It’s a shift that could hike operational costs and complexity, especially for companies used to running centralized setups.” Adding to the potential bad news for US hyperscalers, McCarthy said that there was little reason to believe that this trend would be limited to Europe. “If Europe pulls this off, other regions might take note and push for similar sovereignty rules. US providers could find themselves adapting to a patchwork of regulations worldwide, forcing a rethink of their global strategies,” McCarthy said. “This isn’t just a European headache, it’s a preview of what could become a broader challenge.”

TGNR adds East Texas gas assets in $525-million deal with Chevron
The deal adds over 250 gross locations to TGNR’s existing Haynesville inventory (assuming four wells per section), extending inventory life beyond 20 years at the current development pace, not counting the Bossier and Cotton Valley plays which are commercial at current prices, the company said in a release Mar. 31. According to its website, Chevron holds about 72,000 net acres (283 sq km) in the Haynesville shale in East Texas as of Dec. 31, 2024. TGNR said the deal’s acreage is “relatively undrilled and held by shallower production, allowing parent-child effects between wells to be mitigated.” The company expects to realize synergies of over $170 million during the assets’ development. Chevron, in a separate release Mar. 31, said the deal is expected to generate over $1.2 billion in value to the company at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest. For Chevron, the deal with TGNR supports its plans to divest $10-15 billion of assets by 2028. TGNR is focused on the Ark-La-Tex region of East Texas and Northern Louisiana. It is owned by TG East Texas Resources LLC, a wholly owned subsidiary of Tokyo Gas America, and CCI US Asset Holdings LLC, a wholly owned subsidiary of Castleton Commodities International LLC. The purchase price is comprised of $75 million paid in cash and $450 million as a capital carry to fund Haynesville development.

Market Focus: Insights from Oil & Gas Journal’s latest capital spending survey
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Equinor begins production at Johan Castberg
Equinor Energy AS began production at Johan Castberg oil field in the Barents Sea on Mar. 31, 2025. The field is expected to produce for 30 years. Twelve of the 30 total wells are ready for production, sufficient to bring the field up to expected plateau production in second-quarter 2025, the operator said in a release Mar. 31. Drilling operations are expected to continue towards late 2026. Johan Castberg lies 100 km north of Snøhvit field in Blocks 7219/9 and 7220/4,5,7 in 360-390 m of water. The field consists of Skrugard, Havis, and Drivis discoveries made between 2011 and 2014. It is the second oil field in the Barents Sea and Norway’s northernmost field. Field development is based on a production vessel tied back to an extensive subsea field with a total of 30 wells distributed between 10 well templates and two satellite structures (OGJ Online, Dec. 10, 2024). The Equinor-operated Johan Castberg FPSO has a gross capacity of 220,000 b/d of oil. Its design storage capacity is 1.1 million bbl of oil. The field holds gross recoverable volumes of 450-650 million bbl of oil. The Johan Castberg area holds upside as several new discoveries made in recent years are already being matured into projects, including Johan Castberg Cluster 1, said partner Vår Energi ASA. Cluster 2 is progressing through near field exploration, and an extensive infill drilling program is being planned, the company said. A total of 250-550 million bbl of oil of additional gross unrisked recoverable resources have been identified in the area. Equinor is operator (46.3%) with partners Vår Energi ASA (30%) and Petoro AS (23.7%).

Infinity Natural Resources plans capex ramp, greater gas emphasis
Leaders of Infinity Natural Resources Inc., Morgantown, W.Va., plan to ramp up capital spending this year across their Appalachian holdings and tilt their development work more toward natural gas. Infinity, which went public earlier this year, spent $166 million last year on drilling and completion work in the Appalachian basin—where it produces oil from the Ohio Utica basin and gas from holdings in the Utica and Marcellus regions—as well as $5.5 million on its midstream assets and $108 million on land. This year, president and chief executive officer Zack Arnold told analysts on a conference call that his team will have “limited need” to add to its land holdings. But Infinity’s leaders are forecasting that their drilling and completions spending will grow this year to $240-280 million as the operator looks to capitalize on improving gas market fundamentals. Spending on midstream assets is expected to grow to $9-12 million. Infinity’s portfolio comprises about 60,000 acres in Pennsylvania that at end-2024 sported 179 undeveloped locations as well as roughly 63,000 net acres in the Utica’s volatile oil window, where it had 154 undeveloped locations. The operator’s 2024 production averaged 24,100 boe/d (27% oil, 53% gas, 20% natural gas liquids), which was an increase of 28% from the year before thanks in large part to the addition of 12 net wells in the Utica. Arnold and his team are planning to grow production to 32,000-35,000 boe/d this year. The company expects to run one rig for the year with a second rig added to initially develop a four-well pad in the Marcellus. “Our 2025 plan highlights a transition towards a greater balance between natural gas and oil-weighted wells,” Arnold said on the call after noting the oil wells turned in line last year as well as the deferral of completion work on

Saipem Gets Green Light to Start Work on CCS Project in Sweden
Engineering and construction specialist Saipem has received a notice to proceed with the EUR 600 million ($647.3 million) contract for a large-scale carbon dioxide (CO2) project in Sweden. The company said in a media release that it will implement the CO2 capture project at Stockholm Exergi’s existing bio-cogeneration plant. Saipem said the contract entails detailed engineering, procurement, construction, and commissioning of the carbon capture, storage, and ship loading systems. These actions follow the successful conclusion of the initial engineering and procurement services carried out following the Letter of Intent announced on July 26, 2023. Once the plant is operational, it will capture 800,000 tonnes of biogenic carbon dioxide each year from the biomass-fueled Värtaverket power plant in Stockholm, allowing for a net reduction of CO2 from the atmosphere. Saipem stated that this contract allows it to play a part in executing one of the globe’s most significant large-scale carbon capture projects, reinforcing its role in promoting the decarbonization process in Europe. Stockholm Exergi, which has obtained funding from the European Innovation Fund and the Swedish Energy Agency’s reverse auction for its project, will be among the first companies globally to develop a Bioenergy with Carbon Capture and Storage (BECCS) model, Saipem said. This will allow for the combination of decreased carbon dioxide emissions with “negative emissions,” accompanied by Carbon Removal Certificates that can be traded on the voluntary market, the contractor said. In its media release, Stockholm Exergi said the investment decision marks a major milestone in a SEK 13 billion ($1.3 billion) project which is set to be operational in 2028. “This is a historic moment for Stockholm Exergi and for the green transition. We have worked purposefully for many years to make bio-CCS a reality, and today’s decision means that we are moving from plans to action. With

Dallas Fed survey shows capex plans holding up despite uncertainty
And yet: Despite those generally upbeat readings, respondents’ comments to Fed analysts were very focused on the uncertainty that the Trump administration’s energy and trade policies have created over the past 10 weeks. That instability, they said, as well as the downward trend in oil prices has many taking a more cautious view of the future even if those attitudes aren’t yet showing up in capex intentions. “Planning for new development is extremely difficult right now due to the uncertainty around steel-based products,” one executive wrote. “Oil prices feel incredibly unstable, and it’s hard to gauge whether prices will be in the $50s per barrel or $70s per barrel. Combined, our ability to plan operations for any meaningful amount of time in the future has been severely diminished.” WTI thresholds for opex, investment Fed researchers this quarter also asked E&P companies some one-time questions about where they need West Texas Intermediate prices to be to cover the operating costs of existing wells as well as to profitably drill a new well. While the central bank asked the same question early last year, the timing of this survey was especially topical given recent comments by US Secretary of Energy to the Financial Times that the industry could still grow production profitably even if WTI fell to $50/bbl. Not so fast, respondents to the Dallas Fed poll said: On the opex question, their responses averaged $41/bbl (up from $39 a year ago) and ranged from $26 in the Eagle Ford to $45 in parts of the Permian outside the Delaware and Midland basins. But when it comes to justifying investments in new wells, respondents said they need at least $61 (in the Midland) to $70 in the ‘other’ parts of the Permian. The average price they need to profitably drill a new

Equinor, Shell, TotalEnergies take FID on Northern Lights CCS expansion
Equinor, Shell, and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights carbon capture development. The investment by the Northern Lights JV owners (Equinor, Shell, TotalEnergies) is about $714 million. The expansion project received €131 million from the Connecting Europe Facility (CEF) in June 2024. The news comes following a signed commercial agreement with Stockholm Exergi to transport and store 900,000 tonnes/year (tpy) of biogenic CO2 for 15 years. The Northern Lights project comprises transportation, receipt, and permanent storage of CO2 in a reservoir in the northern North Sea. Northern Lights phases The first phase includes capacity to transport, inject, and store up to 1.5 million tpy of CO2. Once the CO2 is captured onshore, it will be transported by ship to the receiving terminal in Øygarden, pumped via pipeline to a subsea structure at the seabed and injected into a geological formation some 2,500 m below the seabed in the North Sea for permanent storage. Phase one operations are planned for this summer, with CO2 from Heidelberg Materials’ cement factory in Brevik expected to arrive at the receiving terminal near Kollsnes on Norway’s west coast. Additionally, Northern Lights will store CO2 from the Hafslund Celsio waste-to-energy plant in Oslo, as part of the Longship project (OGJ Online, Oct. 9, 2024).

Infinity Natural Resources plans capex ramp, greater gas emphasis
Leaders of Infinity Natural Resources Inc., Morgantown, W.Va., plan to ramp up capital spending this year across their Appalachian holdings and tilt their development work more toward natural gas. Infinity, which went public earlier this year, spent $166 million last year on drilling and completion work in the Appalachian basin—where it produces oil from the Ohio Utica basin and gas from holdings in the Utica and Marcellus regions—as well as $5.5 million on its midstream assets and $108 million on land. This year, president and chief executive officer Zack Arnold told analysts on a conference call that his team will have “limited need” to add to its land holdings. But Infinity’s leaders are forecasting that their drilling and completions spending will grow this year to $240-280 million as the operator looks to capitalize on improving gas market fundamentals. Spending on midstream assets is expected to grow to $9-12 million. Infinity’s portfolio comprises about 60,000 acres in Pennsylvania that at end-2024 sported 179 undeveloped locations as well as roughly 63,000 net acres in the Utica’s volatile oil window, where it had 154 undeveloped locations. The operator’s 2024 production averaged 24,100 boe/d (27% oil, 53% gas, 20% natural gas liquids), which was an increase of 28% from the year before thanks in large part to the addition of 12 net wells in the Utica. Arnold and his team are planning to grow production to 32,000-35,000 boe/d this year. The company expects to run one rig for the year with a second rig added to initially develop a four-well pad in the Marcellus. “Our 2025 plan highlights a transition towards a greater balance between natural gas and oil-weighted wells,” Arnold said on the call after noting the oil wells turned in line last year as well as the deferral of completion work on

Equinor begins production at Johan Castberg
Equinor Energy AS began production at Johan Castberg oil field in the Barents Sea on Mar. 31, 2025. The field is expected to produce for 30 years. Twelve of the 30 total wells are ready for production, sufficient to bring the field up to expected plateau production in second-quarter 2025, the operator said in a release Mar. 31. Drilling operations are expected to continue towards late 2026. Johan Castberg lies 100 km north of Snøhvit field in Blocks 7219/9 and 7220/4,5,7 in 360-390 m of water. The field consists of Skrugard, Havis, and Drivis discoveries made between 2011 and 2014. It is the second oil field in the Barents Sea and Norway’s northernmost field. Field development is based on a production vessel tied back to an extensive subsea field with a total of 30 wells distributed between 10 well templates and two satellite structures (OGJ Online, Dec. 10, 2024). The Equinor-operated Johan Castberg FPSO has a gross capacity of 220,000 b/d of oil. Its design storage capacity is 1.1 million bbl of oil. The field holds gross recoverable volumes of 450-650 million bbl of oil. The Johan Castberg area holds upside as several new discoveries made in recent years are already being matured into projects, including Johan Castberg Cluster 1, said partner Vår Energi ASA. Cluster 2 is progressing through near field exploration, and an extensive infill drilling program is being planned, the company said. A total of 250-550 million bbl of oil of additional gross unrisked recoverable resources have been identified in the area. Equinor is operator (46.3%) with partners Vår Energi ASA (30%) and Petoro AS (23.7%).

Market Focus: Insights from Oil & Gas Journal’s latest capital spending survey
@import url(‘/fonts/fira_sans.css’); a { color: #134e85; } .ebm-page__main h1, .ebm-page__main h2, .ebm-page__main h3, .ebm-page__main h4, .ebm-page__main h5, .ebm-page__main h6 { font-family: “Fira Sans”, Arial, sans-serif; } body { letter-spacing: 0.025em; font-family: “Fira Sans”, Arial, sans-serif; } button, .ebm-button-wrapper { font-family: “Fira Sans”, Arial, sans-serif; } .label-style { text-transform: uppercase; color: var(–color-grey); font-weight: 600; font-size: 0.75rem; } .caption-style { font-size: 0.75rem; opacity: .6; } #onetrust-pc-sdk [id*=btn-handler], #onetrust-pc-sdk [class*=btn-handler] { background-color: #212529 !important; border-color: #212529 !important; } #onetrust-policy a, #onetrust-pc-sdk a, #ot-pc-content a { color: #212529 !important; } #onetrust-consent-sdk #onetrust-pc-sdk .ot-active-menu { border-color: #212529 !important; } #onetrust-consent-sdk #onetrust-accept-btn-handler, #onetrust-banner-sdk #onetrust-reject-all-handler, #onetrust-consent-sdk #onetrust-pc-btn-handler.cookie-setting-link { background-color: #212529 !important; border-color: #212529 !important; } #onetrust-consent-sdk .onetrust-pc-btn-handler { color: #212529 !important; border-color: #212529 !important; background-color: undefined !important; } <!–> In this latest Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor, Economics, dives into insights from the latest Oil & Gas Journal capital spending report. According to the OGJ annual capital spending survey, the combined capex of six major oil companies—ExxonMobil, Chevron, Shell, BP, Equinor, and TotalEnergies—is projected to be US$108-112 billion in 2025. This marks a decrease from $113.7 billion in 2024 and $114.7 billion in 2023 and remains significantly lower than the pre-pandemic level of $123 billion in 2019. Notably, majors are scaling back on earlier aggressive investments in renewables. From shifting strategies among oil majors to merger and acquisition activity in the shale sector to new developments in the refining sector and the Canadian oil industry, there’s a lot to unpack. ]–> FXQuardro/Shutterstock.com <!–> ]–> <!–> OGJ Premium Members can read the full Capital Spending Update from the Mar/Apr 2025 issue. ]–>

Microsoft will invest $80B in AI data centers in fiscal 2025
And Microsoft isn’t the only one that is ramping up its investments into AI-enabled data centers. Rival cloud service providers are all investing in either upgrading or opening new data centers to capture a larger chunk of business from developers and users of large language models (LLMs). In a report published in October 2024, Bloomberg Intelligence estimated that demand for generative AI would push Microsoft, AWS, Google, Oracle, Meta, and Apple would between them devote $200 billion to capex in 2025, up from $110 billion in 2023. Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025. Both figures, though, are way higher than Microsoft’s 2020 capital expenditure of “just” $17.6 billion. The majority of the increased spending is tied to cloud services and the expansion of AI infrastructure needed to provide compute capacity for OpenAI workloads. Separately, last October Amazon CEO Andy Jassy said his company planned total capex spend of $75 billion in 2024 and even more in 2025, with much of it going to AWS, its cloud computing division.

John Deere unveils more autonomous farm machines to address skill labor shortage
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Self-driving tractors might be the path to self-driving cars. John Deere has revealed a new line of autonomous machines and tech across agriculture, construction and commercial landscaping. The Moline, Illinois-based John Deere has been in business for 187 years, yet it’s been a regular as a non-tech company showing off technology at the big tech trade show in Las Vegas and is back at CES 2025 with more autonomous tractors and other vehicles. This is not something we usually cover, but John Deere has a lot of data that is interesting in the big picture of tech. The message from the company is that there aren’t enough skilled farm laborers to do the work that its customers need. It’s been a challenge for most of the last two decades, said Jahmy Hindman, CTO at John Deere, in a briefing. Much of the tech will come this fall and after that. He noted that the average farmer in the U.S. is over 58 and works 12 to 18 hours a day to grow food for us. And he said the American Farm Bureau Federation estimates there are roughly 2.4 million farm jobs that need to be filled annually; and the agricultural work force continues to shrink. (This is my hint to the anti-immigration crowd). John Deere’s autonomous 9RX Tractor. Farmers can oversee it using an app. While each of these industries experiences their own set of challenges, a commonality across all is skilled labor availability. In construction, about 80% percent of contractors struggle to find skilled labor. And in commercial landscaping, 86% of landscaping business owners can’t find labor to fill open positions, he said. “They have to figure out how to do

2025 playbook for enterprise AI success, from agents to evals
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More 2025 is poised to be a pivotal year for enterprise AI. The past year has seen rapid innovation, and this year will see the same. This has made it more critical than ever to revisit your AI strategy to stay competitive and create value for your customers. From scaling AI agents to optimizing costs, here are the five critical areas enterprises should prioritize for their AI strategy this year. 1. Agents: the next generation of automation AI agents are no longer theoretical. In 2025, they’re indispensable tools for enterprises looking to streamline operations and enhance customer interactions. Unlike traditional software, agents powered by large language models (LLMs) can make nuanced decisions, navigate complex multi-step tasks, and integrate seamlessly with tools and APIs. At the start of 2024, agents were not ready for prime time, making frustrating mistakes like hallucinating URLs. They started getting better as frontier large language models themselves improved. “Let me put it this way,” said Sam Witteveen, cofounder of Red Dragon, a company that develops agents for companies, and that recently reviewed the 48 agents it built last year. “Interestingly, the ones that we built at the start of the year, a lot of those worked way better at the end of the year just because the models got better.” Witteveen shared this in the video podcast we filmed to discuss these five big trends in detail. Models are getting better and hallucinating less, and they’re also being trained to do agentic tasks. Another feature that the model providers are researching is a way to use the LLM as a judge, and as models get cheaper (something we’ll cover below), companies can use three or more models to

OpenAI’s red teaming innovations define new essentials for security leaders in the AI era
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI has taken a more aggressive approach to red teaming than its AI competitors, demonstrating its security teams’ advanced capabilities in two areas: multi-step reinforcement and external red teaming. OpenAI recently released two papers that set a new competitive standard for improving the quality, reliability and safety of AI models in these two techniques and more. The first paper, “OpenAI’s Approach to External Red Teaming for AI Models and Systems,” reports that specialized teams outside the company have proven effective in uncovering vulnerabilities that might otherwise have made it into a released model because in-house testing techniques may have missed them. In the second paper, “Diverse and Effective Red Teaming with Auto-Generated Rewards and Multi-Step Reinforcement Learning,” OpenAI introduces an automated framework that relies on iterative reinforcement learning to generate a broad spectrum of novel, wide-ranging attacks. Going all-in on red teaming pays practical, competitive dividends It’s encouraging to see competitive intensity in red teaming growing among AI companies. When Anthropic released its AI red team guidelines in June of last year, it joined AI providers including Google, Microsoft, Nvidia, OpenAI, and even the U.S.’s National Institute of Standards and Technology (NIST), which all had released red teaming frameworks. Investing heavily in red teaming yields tangible benefits for security leaders in any organization. OpenAI’s paper on external red teaming provides a detailed analysis of how the company strives to create specialized external teams that include cybersecurity and subject matter experts. The goal is to see if knowledgeable external teams can defeat models’ security perimeters and find gaps in their security, biases and controls that prompt-based testing couldn’t find. What makes OpenAI’s recent papers noteworthy is how well they define using human-in-the-middle

Three Aberdeen oil company headquarters sell for £45m
Three Aberdeen oil company headquarters have been sold in a deal worth £45 million. The CNOOC, Apache and Taqa buildings at the Prime Four business park in Kingswells have been acquired by EEH Ventures. The trio of buildings, totalling 275,000 sq ft, were previously owned by Canadian firm BMO. The financial services powerhouse first bought the buildings in 2014 but took the decision to sell the buildings as part of a “long-standing strategy to reduce their office exposure across the UK”. The deal was the largest to take place throughout Scotland during the last quarter of 2024. Trio of buildings snapped up London headquartered EEH Ventures was founded in 2013 and owns a number of residential, offices, shopping centres and hotels throughout the UK. All three Kingswells-based buildings were pre-let, designed and constructed by Aberdeen property developer Drum in 2012 on a 15-year lease. © Supplied by CBREThe Aberdeen headquarters of Taqa. Image: CBRE The North Sea headquarters of Middle-East oil firm Taqa has previously been described as “an amazing success story in the Granite City”. Taqa announced in 2023 that it intends to cease production from all of its UK North Sea platforms by the end of 2027. Meanwhile, Apache revealed at the end of last year it is planning to exit the North Sea by the end of 2029 blaming the windfall tax. The US firm first entered the North Sea in 2003 but will wrap up all of its UK operations by 2030. Aberdeen big deals The Prime Four acquisition wasn’t the biggest Granite City commercial property sale of 2024. American private equity firm Lone Star bought Union Square shopping centre from Hammerson for £111m. © ShutterstockAberdeen city centre. Hammerson, who also built the property, had originally been seeking £150m. BP’s North Sea headquarters in Stoneywood, Aberdeen, was also sold. Manchester-based

2025 ransomware predictions, trends, and how to prepare
Zscaler ThreatLabz research team has revealed critical insights and predictions on ransomware trends for 2025. The latest Ransomware Report uncovered a surge in sophisticated tactics and extortion attacks. As ransomware remains a key concern for CISOs and CIOs, the report sheds light on actionable strategies to mitigate risks. Top Ransomware Predictions for 2025: ● AI-Powered Social Engineering: In 2025, GenAI will fuel voice phishing (vishing) attacks. With the proliferation of GenAI-based tooling, initial access broker groups will increasingly leverage AI-generated voices; which sound more and more realistic by adopting local accents and dialects to enhance credibility and success rates. ● The Trifecta of Social Engineering Attacks: Vishing, Ransomware and Data Exfiltration. Additionally, sophisticated ransomware groups, like the Dark Angels, will continue the trend of low-volume, high-impact attacks; preferring to focus on an individual company, stealing vast amounts of data without encrypting files, and evading media and law enforcement scrutiny. ● Targeted Industries Under Siege: Manufacturing, healthcare, education, energy will remain primary targets, with no slowdown in attacks expected. ● New SEC Regulations Drive Increased Transparency: 2025 will see an uptick in reported ransomware attacks and payouts due to new, tighter SEC requirements mandating that public companies report material incidents within four business days. ● Ransomware Payouts Are on the Rise: In 2025 ransom demands will most likely increase due to an evolving ecosystem of cybercrime groups, specializing in designated attack tactics, and collaboration by these groups that have entered a sophisticated profit sharing model using Ransomware-as-a-Service. To combat damaging ransomware attacks, Zscaler ThreatLabz recommends the following strategies. ● Fighting AI with AI: As threat actors use AI to identify vulnerabilities, organizations must counter with AI-powered zero trust security systems that detect and mitigate new threats. ● Advantages of adopting a Zero Trust architecture: A Zero Trust cloud security platform stops

I asked an AI swarm to fill out a March Madness bracket — here’s what happened
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Imagine if a large team of 200 people could hold a thoughtful real-time conversation in which they efficiently brainstorm ideas, share knowledge, debate alternatives and quickly converge on AI-optimized solutions. Is this possible — and if so, would it amplify their collective intelligence? There is a new generative AI technology, conversational swarm intelligence (or simply hyperchat), that enables teams of potentially any size to engage in real-time conversations and quickly converge on AI-optimized solutions. To put this to the test, I asked the research team at Unanimous AI to bring together 50 random sports fans and task that large group with quickly creating a March Madness bracket through real-time conversational deliberation. Before I tell you how the experiment is going, I need to explain why we can’t just bring 50 people into a Zoom meeting and have them quickly create a bracket together. Research shows that the ideal size for a productive real-time conversation is only 4 to 7 people. In small groups, each individual gets a good amount of airtime to express their views and has low wait time to respond to others. But as group size grows, airtime drops, wait-time rises — and by a dozen people it devolves into a series of monologues. Above 20 people, it’s chaos. So how can 50 people hold a conversation, or 250, or even 2,500? Hyperchat works by breaking any large group into a set of parallel subgroups. It then adds an AI agent into each subgroup called a “conversational surrogate” tasked with distilling the human insights within its local group and quickly sharing those insights as natural dialog with other groups. These surrogate agents enable all the subgroups to overlap, weaving

Emergence AI’s new system automatically creates AI agents rapidly in realtime based on the work at hand
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Another day, another announcement about AI agents. Hailed by various market research reports as the big tech trend in 2025 — especially in the enterprise — it seems we can’t go more than 12 hours or so without the debut of another way to make, orchestrate (link together), or otherwise optimize purpose-built AI tools and workflows designed to handle routine white collar work. Yet Emergence AI, a startup founded by former IBM Research veterans and which late last year debuted its own, cross-platform AI agent orchestration framework, is out with something novel from all the rest: an AI agent creation platform that lets the human user specify what work they are trying to accomplish via text prompts, and then turns it over to AI models to create the agents they believe are necessary to accomplish said work. This new system is literally a no code, natural language, AI-powered multi-agent builder, and it works in real time. Emergence AI describes it as a milestone in recursive intelligence, aims to simplify and accelerate complex data workflows for enterprise users. “Recursive intelligence paves the path for agents to create agents,” said Satya Nitta, co-founder and CEO of Emergence AI. “Our systems allow creativity and intelligence to scale fluidly, without human bottlenecks, but always within human-defined boundaries.” Image of Dr. Satya Nitta, Co-founder and CEO of Emergence AI, during his keynote at the AI Engineer World’s Fair 2024, where he unveiled Emergence’s Orchestrator meta-agent and introduced the open-source web agent, Agent-E. (photo courtesy AI Engineer World’s Fair) The platform is designed to evaluate incoming tasks, check its existing agent registry, and, if necessary, autonomously generate new agents tailored to fulfill specific enterprise needs. It can

The Download: brain-computer interfaces, and teaching an AI model to give therapy
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Brain-computer interfaces face a critical test Brain computer interfaces (BCIs) are electrodes put in paralyzed people’s brains so they can use imagined movements to send commands from their neurons through a wire, or via radio, to a computer. In this way, they can control a computer cursor or, in few cases, produce speech. Recently, this field has taken some strides toward real practical applications. About 25 clinical trials of BCI implants are currently underway. And this year MIT Technology Review readers have selected these brain-computer interfaces as their addition to our annual list of 10 Breakthrough Technologies. Read the full story.
—Antonio Regalado
How do you teach an AI model to give therapy? —James O’DonnellOn March 27, the results of the first clinical trial for a generative AI therapy bot were published, and they showed that people in the trial who had depression or anxiety or were at risk for eating disorders benefited from chatting with a bot.I was surprised by those results. There are lots of reasons to be skeptical that an AI model trained to provide therapy is the solution for millions of people experiencing a mental health crisis. But their findings suggest that the right selection of training data is vital. Read the full story. This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. The must-reads I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 Tech companies are warning their immigrant workers not to leave the USEmployees on high-skilled visas could be denied entry back into the States. (WP $)+ Officials are considering collecting citizenship applicants’ social media data. (Associated Press)2 OpenAI has closed one of the largest private funding rounds in historyIt plans to put the $40 billion cash injection towards building AGI. (The Guardian)+ The deal values OpenAI at a whopping $300 billion. (CNBC)+ The company also teased its first open-weight model in years. (Insider $) 3 SpaceX has launched a mission that’s never been attempted beforeIt’s taking private customers on an orbit between Earth’s North and South poles. (CNN)+ Crypto billionaire Chun Wang is footing the bill for the mission. (Reuters)+ Europe is finally getting serious about commercial rockets. (MIT Technology Review)
4 Some DOGE workers are returning to their old jobsThey’re quietly heading back to their roles at X and SpaceX. (The Information $)+ Top staff were placed on leave after denying DOGE access to their systems. (Wired $)+ Can AI help DOGE slash government budgets? It’s complex. (MIT Technology Review) 5 Amazon is going all-in on AI agentsIts new AI model Nova Act is designed to complete tasks such as online shopping. (The Verge)+ Why handing over total control to AI agents would be a huge mistake. (MIT Technology Review) 6 DeepMind is making it harder for its researchers to publish studies It’s reluctant to share innovations that rivals could capitalize on. (FT $) 7 Meet the protestors staking out Tesla dealershipsProfessors and attorneys have taken to the streets to fight back. (New Yorker $)+ Far-right extremists are turning up to defend the company. (Wired $) 8 TikTok’s hottest topic? Tariffs Content creators are eager to explain what tariffs are to confused audiences. (WSJ $)+ Donald Trump is threatening to instigate a new range of tariffs this week. (NY Mag $)+ How Trump’s tariffs could drive up the cost of batteries, EVs, and more. (MIT Technology Review) 9 Not everyone can look as cool as Nvidia’s Jensen HuangHis image has been co-opted to promote knockoff leather jackets. (404 Media) 10 Microsoft has killed off its Blue Screen of DeathGoodnight, sweet prince. (Vice)
Quote of the day “I think that it is one of the most beautiful spaces on the internet for someone to figure out who they are.”
—Amanda Brennan, an internet librarian who worked at Tumblr for seven years, is not surprised by the influx of younger users flocking to her former workplace, Insider reports. The big story The quest to protect farmworkers from extreme heat October 2024On July 21, 2024, temperatures soared in many parts of the world, breaking the record for the hottest day ever recorded on the planet.The following day—July 22—the record was broken again.But even as the heat index rises each summer, the people working outdoors to pick fruits, vegetables, and flowers have to keep laboring.The consequences can be severe, leading to illnesses such as heat exhaustion, heatstroke and even acute kidney injury.Now, researchers are developing an innovative sensor that tracks multiple vital signs with a goal of anticipating when a worker is at risk of developing heat illness and issuing an alert. If widely adopted and consistently used, it could represent a way to make workers safer on farms even without significant heat protections. Read the full story. —Kalena Thomhave
We can still have nice things A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.) + Mescal! Dickinson! Quinn! Keoghan! I’m very excited for the forthcoming Beatles biopics, even if we have to wait three years.+ How to cook a delicious-looking basque cheesecake.+ TikTokers have taken to rubbing banana peel on their faces: but does it actually do anything?+ Spring has barely sprung, but fashion is already looking towards fall.

Brain-computer interfaces face a critical test
Tech companies are always trying out new ways for people to interact with computers—consider efforts like Google Glass, the Apple Watch, and Amazon’s Alexa. You’ve probably used at least one. But the most radical option has been tried by fewer than 100 people on Earth—those who have lived for months or years with implanted brain-computer interfaces, or BCIs. Implanted BCIs are electrodes put in paralyzed people’s brains so they can use imagined movements to send commands from their neurons through a wire, or via radio, to a computer. In this way, they can control a computer cursor or, in few cases, produce speech. Recently, this field has taken some strides toward real practical applications. About 25 clinical trials of BCI implants are currently underway. And this year MIT Technology Review readers have selected these brain-computer interfaces as their addition to our annual list of 10 Breakthrough Technologies, published in January.
BCIs won by a landslide to become the “11th Breakthrough,” as we call it. It beat out three runners-up: continuous glucose monitors, hyperrealistic deepfakes, and methane-detecting satellites. The impression of progress comes thanks to a small group of companies that are actively recruiting volunteers to try BCIs in clinical trials. They are: Neuralink, backed by the world’s richest person, Elon Musk; New York–based Synchron; and China’s Neuracle Neuroscience.
Each is trialing interfaces with the eventual goal of getting the field’s first implanted BCI approved for sale. “I call it the translation era,” says Michelle Patrick-Krueger, a research scientist who carried out a detailed survey of BCI trials with neuroengineer Jose Luis Contreras-Vidal at the University of Houston. “In the past couple of years there has been considerable private investment. That creates excitement and allows companies to accelerate.” That’s a big change, since for years BCIs have been more like a neuroscience parlor trick, generating lots of headlines but little actual help to patients. Patrick-Krueger says the first time a person controlled a computer cursor from a brain implant was in 1998. That was followed by a slow drip-drip of tests in which university researchers would find a single volunteer, install an implant, and carry out studies for months or years. Over 26 years, Patrick-Krueger says, she was able to document a grand total of 71 patients who’ve ever controlled a computer directly with their neurons. That means you are more likely to be friends with a Mega Millions jackpot winner than know someone with a BCI. These studies did prove that people could use their neurons to play Pong, move a robot arm, and even speak through a computer. But such demonstrations are of no practical help to people with paralysis severe enough to benefit from a brain-controlled computer, because these implants are not yet widely available. “One thing is to have them work, and another is how to actually deploy them,” says Contreras-Vidal. “Also, behind any great news are probably technical issues that need to be addressed.” These include how long an implant will last and how much control it offers patients.
Larger trials from three companies are now trying to resolve these questions and set the groundwork for a real product. One company, Synchron, uses a stent with electrodes on it that’s inserted into a brain vessel via a vein in the neck. Synchron has implanted its “stentrode” in 10 volunteers, six in the US and four in Australia—the most simultaneous volunteers reported by any BCI group. The stentrode collects limited brain signals, so it gives users only a basic on/off type of control signal, or what Synchron calls a “switch.” That isn’t going to let a paralyzed person use Photoshop. But it’s enough to toggle through software menus or select among prewritten messages. Tom Oxley, Synchron’s CEO, says the advantage of the stentrode is that it is “as simple as possible.” That, he believes, will make his brain-computer interface “scalable” to more people, especially since installing it doesn’t involve brain surgery. Synchron might be ahead, but it’s still in an exploratory phase. A “pivotal” study, the kind used to persuade regulators to allow sales of a specific version of the device, has yet to be scheduled. So there’s no timeline for a product. Neuralink, meanwhile, has disclosed that three volunteers have received its implant, the N1, which consists of multiple fine electrode threads inserted directly into the brain through a hole drilled in the skull. More electrodes mean more neural activity is captured. Neuralink’s first volunteer, Noland Arbaugh, has shown off how he can guide a cursor around a screen in two dimensions and click, letting him play video games like Civilization or online chess. Finally, Neuracle says it is running two trials in China and one in the US. Its implant consists of a patch of electrodes placed on top of the brain. In a report, the company said a paralyzed volunteer is using the system to stimulate electrodes in his arm, causing his hand to close in a grasp.
But details remain sparse. A Neuracle executive would only say that “several” people had received its implant. Because Neuracle’s patient count isn’t public, it wasn’t included in Patrick-Krueger’s tally. In fact, there’s no information at all in the medical literature on about a quarter of brain-implant volunteers so far, so she counted them using press releases or by e-mailing research teams.
Her BCI survey yielded other insights. According to her data, implants have lasted as long as 15 years, more than half of patients are in the US, and roughly 75% of BCI recipients have been male. The data can’t answer the big question, though. And that is whether implanted BCIs will progress from breakthrough demonstrations into breakout products, the kind that help many people. “In the next five to 10 years, it’s either going to translate into a product or it’ll still stay in research,” Patrick-Krueger says. “I do feel very confident there will be a breakout.”

How do you teach an AI model to give therapy?
On March 27, the results of the first clinical trial for a generative AI therapy bot were published, and they showed that people in the trial who had depression or anxiety or were at risk for eating disorders benefited from chatting with the bot. I was surprised by those results, which you can read about in my full story. There are lots of reasons to be skeptical that an AI model trained to provide therapy is the solution for millions of people experiencing a mental health crisis. How could a bot mimic the expertise of a trained therapist? And what happens if something gets complicated—a mention of self-harm, perhaps—and the bot doesn’t intervene correctly? The researchers, a team of psychiatrists and psychologists at Dartmouth College’s Geisel School of Medicine, acknowledge these questions in their work. But they also say that the right selection of training data—which determines how the model learns what good therapeutic responses look like—is the key to answering them. Finding the right data wasn’t a simple task. The researchers first trained their AI model, called Therabot, on conversations about mental health from across the internet. This was a disaster.
If you told this initial version of the model you were feeling depressed, it would start telling you it was depressed, too. Responses like, “Sometimes I can’t make it out of bed” or “I just want my life to be over” were common, says Nick Jacobson, an associate professor of biomedical data science and psychiatry at Dartmouth and the study’s senior author. “These are really not what we would go to as a therapeutic response.” The model had learned from conversations held on forums between people discussing their mental health crises, not from evidence-based responses. So the team turned to transcripts of therapy sessions. “This is actually how a lot of psychotherapists are trained,” Jacobson says.
That approach was better, but it had limitations. “We got a lot of ‘hmm-hmms,’ ‘go ons,’ and then ‘Your problems stem from your relationship with your mother,’” Jacobson says. “Really tropes of what psychotherapy would be, rather than actually what we’d want.” It wasn’t until the researchers started building their own data sets using examples based on cognitive behavioral therapy techniques that they started to see better results. It took a long time. The team began working on Therabot in 2019, when OpenAI had released only its first two versions of its GPT model. Now, Jacobson says, over 100 people have spent more than 100,000 human hours to design this system. The importance of training data suggests that the flood of companies promising therapy via AI models, many of which are not trained on evidence-based approaches, are building tools that are at best ineffective, and at worst harmful. Looking ahead, there are two big things to watch: Will the dozens of AI therapy bots on the market start training on better data? And if they do, will their results be good enough to get a coveted approval from the US Food and Drug Administration? I’ll be following closely. Read more in the full story. This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here.

Nvidia open sources Run:ai Scheduler to foster community collaboration
Following up on previously announced plans, Nvidia said that it has open sourced new elements of the Run:ai platform, including the KAI Scheduler.
The scheduler is a Kubernetes-native GPU scheduling solution, now available under the Apache 2.0 license. Originally developed within the Run:ai platform, KAI Scheduler is now available to the community while also continuing to be packaged and delivered as part of the NVIDIA Run:ai platform.
Nvidia said this initiative underscores Nvidia’s commitment to advancing both open-source and enterprise AI infrastructure, fostering an active and collaborative community, encouraging contributions,feedback, and innovation.
In their post, Nvidia’s Ronen Dar and Ekin Karabulut provided an overview of KAI Scheduler’s technical details, highlight its value for IT and ML teams, and explain the scheduling cycle and actions.
Benefits of KAI Scheduler
Managing AI workloads on GPUs and CPUs presents a number of challenges that traditional resource schedulers often fail to meet. The scheduler was developed to specifically address these issues: Managing fluctuating GPU demands; reduced wait times for compute access; resource guarantees or GPU allocation; and seamlessly connecting AI tools and frameworks.
Managing fluctuating GPU demands
AI workloads can change rapidly. For instance, you might need only one GPU for interactive work (for example, for data exploration) and then suddenly require several GPUs for distributed training or multiple experiments. Traditional schedulers struggle with such variability.
The KAI Scheduler continuously recalculates fair-share values and adjusts quotas and limits in real time, automatically matching the current workload demands. This dynamic approach helps ensure efficient GPU allocation without constant manual intervention from administrators.
Reduced wait times for compute access
For ML engineers, time is of the essence. The scheduler reduces wait times by combining gang scheduling, GPU sharing, and a hierarchical queuing system that enables you to submit batches of jobs and then step away, confident that tasks will launch as soon as resources are available and in alignment of priorities and fairness.
To further optimize resource usage, even in the face of fluctuating demand, the scheduleremploys two effective strategies for both GPU and CPU workloads:
Bin-packing and consolidation: Maximizes compute utilization by combating resourcefragmentation—packing smaller tasks into partially used GPUs and CPUs—and addressingnode fragmentation by reallocating tasks across nodes.
Spreading: Evenly distributes workloads across nodes or GPUs and CPUs to minimize theper-node load and maximize resource availability per workload.
Resource guarantees or GPU allocation
In shared clusters, some researchers secure more GPUs than necessary early in the day to ensure availability throughout. This practice can lead to underutilized resources, even when other teams still have unused quotas.
KAI Scheduler addresses this by enforcing resource guarantees. It ensures that AI practitioner teams receive their allocated GPUs, while also dynamically reallocating idle resources to other workloads. This approach prevents resource hogging and promotes overall cluster efficiency.
Connecting AI workloads with various AI frameworks can be daunting. Traditionally, teams face a maze of manual configurations to tie together workloads with tools like Kubeflow, Ray, Argo, and the Training Operator. This complexity delays prototyping.
KAI Scheduler addresses this by featuring a built-in podgrouper that automatically detects and connects with these tools and frameworks—reducing configuration complexity and accelerating development.

Saipem Gets Green Light to Start Work on CCS Project in Sweden
Engineering and construction specialist Saipem has received a notice to proceed with the EUR 600 million ($647.3 million) contract for a large-scale carbon dioxide (CO2) project in Sweden. The company said in a media release that it will implement the CO2 capture project at Stockholm Exergi’s existing bio-cogeneration plant. Saipem said the contract entails detailed engineering, procurement, construction, and commissioning of the carbon capture, storage, and ship loading systems. These actions follow the successful conclusion of the initial engineering and procurement services carried out following the Letter of Intent announced on July 26, 2023. Once the plant is operational, it will capture 800,000 tonnes of biogenic carbon dioxide each year from the biomass-fueled Värtaverket power plant in Stockholm, allowing for a net reduction of CO2 from the atmosphere. Saipem stated that this contract allows it to play a part in executing one of the globe’s most significant large-scale carbon capture projects, reinforcing its role in promoting the decarbonization process in Europe. Stockholm Exergi, which has obtained funding from the European Innovation Fund and the Swedish Energy Agency’s reverse auction for its project, will be among the first companies globally to develop a Bioenergy with Carbon Capture and Storage (BECCS) model, Saipem said. This will allow for the combination of decreased carbon dioxide emissions with “negative emissions,” accompanied by Carbon Removal Certificates that can be traded on the voluntary market, the contractor said. In its media release, Stockholm Exergi said the investment decision marks a major milestone in a SEK 13 billion ($1.3 billion) project which is set to be operational in 2028. “This is a historic moment for Stockholm Exergi and for the green transition. We have worked purposefully for many years to make bio-CCS a reality, and today’s decision means that we are moving from plans to action. With

European cloud group invests to create what it dubs “Trump-proof cloud services”
But analysts have questioned whether the Microsoft move truly addresses those European business concerns. Phil Brunkard, executive counselor at Info-Tech Research Group UK, said, commenting on last month’s announcement of the EU Data Boundary for the Microsoft Cloud, “Microsoft says that customer data will remain stored and processed in the EU and EFTA, but doesn’t guarantee true data sovereignty.” And European companies are now rethinking what data sovereignty means to them. They are moving beyond having it refer to where the data sits to focusing on which vendors control it, and who controls them. Responding to the new Euro cloud plan, another analyst, IDC VP Dave McCarthy, saw the effort as “signaling a growing European push for data control and independence.” “US providers could face tougher competition from EU companies that leverage this tech to offer sovereignty-friendly alternatives. Although €1 million isn’t a game-changer on its own, it’s a clear sign Europe wants to build its own cloud ecosystem—potentially at the expense of US market share,” McCarthy said. “For US providers, this could mean investing in more EU-based data centers or reconfiguring systems to ensure European customers’ data stays within the region. This isn’t just a compliance checkbox. It’s a shift that could hike operational costs and complexity, especially for companies used to running centralized setups.” Adding to the potential bad news for US hyperscalers, McCarthy said that there was little reason to believe that this trend would be limited to Europe. “If Europe pulls this off, other regions might take note and push for similar sovereignty rules. US providers could find themselves adapting to a patchwork of regulations worldwide, forcing a rethink of their global strategies,” McCarthy said. “This isn’t just a European headache, it’s a preview of what could become a broader challenge.”

TGNR adds East Texas gas assets in $525-million deal with Chevron
The deal adds over 250 gross locations to TGNR’s existing Haynesville inventory (assuming four wells per section), extending inventory life beyond 20 years at the current development pace, not counting the Bossier and Cotton Valley plays which are commercial at current prices, the company said in a release Mar. 31. According to its website, Chevron holds about 72,000 net acres (283 sq km) in the Haynesville shale in East Texas as of Dec. 31, 2024. TGNR said the deal’s acreage is “relatively undrilled and held by shallower production, allowing parent-child effects between wells to be mitigated.” The company expects to realize synergies of over $170 million during the assets’ development. Chevron, in a separate release Mar. 31, said the deal is expected to generate over $1.2 billion in value to the company at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest. For Chevron, the deal with TGNR supports its plans to divest $10-15 billion of assets by 2028. TGNR is focused on the Ark-La-Tex region of East Texas and Northern Louisiana. It is owned by TG East Texas Resources LLC, a wholly owned subsidiary of Tokyo Gas America, and CCI US Asset Holdings LLC, a wholly owned subsidiary of Castleton Commodities International LLC. The purchase price is comprised of $75 million paid in cash and $450 million as a capital carry to fund Haynesville development.

Market Focus: Insights from Oil & Gas Journal’s latest capital spending survey
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Equinor begins production at Johan Castberg
Equinor Energy AS began production at Johan Castberg oil field in the Barents Sea on Mar. 31, 2025. The field is expected to produce for 30 years. Twelve of the 30 total wells are ready for production, sufficient to bring the field up to expected plateau production in second-quarter 2025, the operator said in a release Mar. 31. Drilling operations are expected to continue towards late 2026. Johan Castberg lies 100 km north of Snøhvit field in Blocks 7219/9 and 7220/4,5,7 in 360-390 m of water. The field consists of Skrugard, Havis, and Drivis discoveries made between 2011 and 2014. It is the second oil field in the Barents Sea and Norway’s northernmost field. Field development is based on a production vessel tied back to an extensive subsea field with a total of 30 wells distributed between 10 well templates and two satellite structures (OGJ Online, Dec. 10, 2024). The Equinor-operated Johan Castberg FPSO has a gross capacity of 220,000 b/d of oil. Its design storage capacity is 1.1 million bbl of oil. The field holds gross recoverable volumes of 450-650 million bbl of oil. The Johan Castberg area holds upside as several new discoveries made in recent years are already being matured into projects, including Johan Castberg Cluster 1, said partner Vår Energi ASA. Cluster 2 is progressing through near field exploration, and an extensive infill drilling program is being planned, the company said. A total of 250-550 million bbl of oil of additional gross unrisked recoverable resources have been identified in the area. Equinor is operator (46.3%) with partners Vår Energi ASA (30%) and Petoro AS (23.7%).

Infinity Natural Resources plans capex ramp, greater gas emphasis
Leaders of Infinity Natural Resources Inc., Morgantown, W.Va., plan to ramp up capital spending this year across their Appalachian holdings and tilt their development work more toward natural gas. Infinity, which went public earlier this year, spent $166 million last year on drilling and completion work in the Appalachian basin—where it produces oil from the Ohio Utica basin and gas from holdings in the Utica and Marcellus regions—as well as $5.5 million on its midstream assets and $108 million on land. This year, president and chief executive officer Zack Arnold told analysts on a conference call that his team will have “limited need” to add to its land holdings. But Infinity’s leaders are forecasting that their drilling and completions spending will grow this year to $240-280 million as the operator looks to capitalize on improving gas market fundamentals. Spending on midstream assets is expected to grow to $9-12 million. Infinity’s portfolio comprises about 60,000 acres in Pennsylvania that at end-2024 sported 179 undeveloped locations as well as roughly 63,000 net acres in the Utica’s volatile oil window, where it had 154 undeveloped locations. The operator’s 2024 production averaged 24,100 boe/d (27% oil, 53% gas, 20% natural gas liquids), which was an increase of 28% from the year before thanks in large part to the addition of 12 net wells in the Utica. Arnold and his team are planning to grow production to 32,000-35,000 boe/d this year. The company expects to run one rig for the year with a second rig added to initially develop a four-well pad in the Marcellus. “Our 2025 plan highlights a transition towards a greater balance between natural gas and oil-weighted wells,” Arnold said on the call after noting the oil wells turned in line last year as well as the deferral of completion work on
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