Author: intent

Algeria Nears Gas Development Deal with ExxonMobil, Chevron

Algeria has some of Africa’s largest overall oil and gas reserves, but production had long been held back by mismanagement and lack of investments – an issue authorities sought to tackle with new legislation that was approved in 2019. Then came the Russian invasion of Ukraine, which left Europe struggling to find alternative gas supplies and Algiers poised to fill the gap.

Superior Narrows Losses

“We delivered a strong first-half and continue to build momentum as we advance our Superior Delivers transformation”, MacDonald said. “I’m also encouraged by the performance of our CNG business, especially given the challenges in the oil and gas sector. Through disciplined cost management and strong performance outside of the wellsite business, Certarus grew EBITDA by 5 percent in the first half of 2025 and maintained its leadership position in the market as the sector navigates a temporary cyclical slowdown”.

Valmet Signs Agreement to Supply Petrobras with Spare Parts

”We chose Valmet because they understood our needs and provided a solution that integrates seamlessly with our existing Valmet DNA Automation System. It also enables secure and versatile connectivity with third-party systems. Valmet’s experience with similar projects strengthened our confidence, and the solution supports our strategy to participate more actively in electricity markets,” Petri Rantakokko, energy manager for Alva, said.

South African court reverses TotalEnergies’ approval for offshore block

“As the successor operator of the license Shell has a direct and substantial interest in the matter, as confirmed by the court,” a company spokesperson said. “South Africa is currently reliant on energy imports for many of its energy needs. Should viable resources be found offshore, this could significantly contribute to South Africa’s energy security and the government’s economic development programs.”

Gabon continues push for renewed interest in upstream developments

A central focus is Gabon’s underexplored deepwater acreage, which remains largely untapped despite significant geological potential. The Ministry of Petroleum has launched a concerted push to attract new entrants, particularly independent and mid-cap operators, through flexible PSC terms, streamlined permitting, and data accessibility. As noted by Minister Nguema Nguema in recent statements, Gabon’s deepwater drive forms a critical part of its strategy to remain competitive in a shifting global energy landscape.

New Era Helium Rebrands as It Takes On Data Center Growth

The new company aims to develop “next-generation digital infrastructure and integrated power assets, including powered land and powered shells”, it said in an online statement. “The company delivers turnkey solutions that will enable hyperscale, enterprise and edge operators to accelerate data center deployment, optimize total cost of ownership and future-proof their infrastructure investments”.

Analysts Look at Trump-Putin Alaska Meeting

“A removal of the price-cap would eliminate the price advantage for China and India to take Russian crude, and higher freight costs would become more important in sourcing decisions. India has been an opportunistic purchaser of this cheaper crude, and could revert to its previous import volumes, or continue purchases of crude that its refiners prefer, albeit at a higher cost,” they added.

DOF secures two long-term vessel contracts in Brazil

DOF Group ASA is a global offshore services company headquartered in Norway, providing integrated subsea services through its fleet of advanced offshore vessels, ROV systems and engineering capabilities. The company operates across the Americas, Asia-Pacific, and North Sea regions, servicing clients in subsea construction, inspection, maintenance and repair.