Palantir Technologies has extended its multi-year, multi-million-dollar deal with APA Corporation, integrating new AI capabilities into the energy giant’s operations. The partnership leverages Palantir’s Artificial Intelligence Platform (AIP) software, enhancing efficiency across various aspects of APA’s business, from operational planning to contract management. This news comes as Palantir also secured a $99.8 million contract expanding Maven Smart System access to all military branches.
Suriname is poised to benefit from its vast offshore oil resources, but time is running out as the global push towards net zero emissions intensifies. Despite delays, TotalEnergies and APA Corporation are moving towards a final investment decision for Block 58, which holds an estimated 700 million barrels of recoverable resources. With low breakeven prices and attractive oil characteristics, Suriname’s oil is highly profitable, but the country faces pressure to develop its resources sustainably.
