London, November 25, 2025, (Oilandgaspress) –––Aramco is leveraging digital innovation at an industrial scale across its global operations.
AI is already helping Aramco to manage facility downtime, predict maintenance issues and optimize energy production by utilizing more than 10 billion data points daily. Aramco recorded $1.8 billion of AI-driven Technology Realized Value in 2024, identifying 442 use case s for AI in the company’s operations and more than 200 solutions already deployed with a further 100+ in development in late 2025.
The company’s progress towards embedding AI-driven solutions throughout its business, has reached a new milestone with plans to acquire a significant minority stake in HUMAIN, a Public Investment Fund (PIF) company developing AI data solutions globally.
HUMAIN
The proposed investment would unify the AI assets, capabilities and talent of PIF and Aramco, to accelerate their growth in the AI sector.
HUMAIN is developing full-stack AI capabilities across four core areas: next-generation data centers, hyper-performance infrastructure and cloud platforms, advanced AI models (including ALLAM, one of the world’s most powerful multimodal Arabic large language models), and transformative AI solutions. HUMAIN will deploy Saudi Arabia’s first NVIDIA Omniverse Cloud to simulate and test physical AI solutions with digital twins.
Aramco is also leveraging quantum computing to analyze vast amounts of current and historic seismic data to develop more detailed subsurface imaging. Read More
Shell plc has entered a long-term agreement to supply Ferrari N.V. with renewable energy until the end of 2034, supporting the luxury automaker’s decarbonisation efforts. The deal, announced on November 25, will provide Ferrari’s Maranello plant near Modena, Italy, with 650 gigawatt hours of clean power over 10 years, covering nearly half of its total energy needs.
Shell Energy Italia will also supply additional renewable energy and certificates to meet all of Ferrari’s electricity demands in Italy. This arrangement is expected to significantly reduce Ferrari’s Scope 1 and Scope 2 emissions—those directly generated by its operations and indirectly from purchased power—as the company targets a 90% cut in absolute emissions by 2030. Read More
CRC Evans wins a major new contract on Saudi Arabia’s Master Gas III Pipeline Phase 3 – Package 9
CRC Evans, global welding and coating specialist, has secured a major new contract award for Saudi Arabia’s Master Gas III (MGS) project, securing new welding opportunities for Package 9.
The company will continue its campaign for MGS III Pipeline Package 9, marking another significant milestone in its continued contribution to one of the world’s most ambitious destination infrastructure programmes.
The scope of work involves the construction and welding of a 56-inch diameter pipeline covering 150 kilometres. CRC Evans will utilise its advanced Internal Welding Technology and Dual Torch Systems, supported by technical expertise and local services from its regional Dammam facility.
This achievement builds on CRC Evans’ exceptional performance and delivery on Package 4, reinforcing its reputation as a trusted partner for technically complex, high-value pipeline and welding projects.
The specialist welding performance delivered on Package 4 demonstrated not only technical excellence but also its dependability under demanding conditions, strengthening confidence in its capabilities across the region and helping to secure this latest award. Successful executions on such a large-scale underscore CRC Evan’s proven expertise, reinforcing its reputation and positioning as a partner of choice for projects that demand the highest-quality welding precision and reliability. . Read More
Saab has received an order from the Swedish Defence Materiel Administration (FMV) on sensors and command-and-control systems for a ground-based air defence system solution for brigades. The order value is approximately SEK 2.1 billion. Deliveries will take place 2027-2028.
The command and control and the sensor systems continue to build on previous deliveries to FMV to strengthen the Swedish ground-based air defence. In addition to the command-and-control system (LSS Lv) and the Giraffe 1X radar, the order consists of weapon system integration, studies and spare parts. This gives the customer a highly mobile short-range ground-based air defence system.
The contract also includes an integration study to complement the ground-based air defence system for brigades with Giraffe AMB radar for medium-range surveillance.
“We are very proud to contribute to a strengthened ground-based air defence capability for the Swedish brigades. The contract gives an increased capability to control the battle, but also to detect and engage airborne threats through world-class command-and-control and sensor systems, says Carl-Johan Bergholm, head of Saab’s business area Surveillance.
The command-and-control system for ground-based air defence (LSS Lv) is software used by the unit to control the battle in engaging air targets, distribute target data and perform planning and evaluation of the ground-based air defence combat. Read More
Orlen Lithuania, the Lithuanian oil refining and import arm of Poland’s Orlen Group, has terminated a contract worth almost €1 billion with the UK-based energy project management company Petrofac. The agreement had covered modernisation works at the company’s refinery in Mažeikiai, Kristina Gendvilė, spokeswoman for Orlen Lithuania, told BNS.
Gendvilė said Orlen Lithuania had terminated its contract with the main contractor due to persistent delays and repeated failures to meet agreed deadlines. Read More
Petrofac is in the process of firing around 200 of its staff in the United Arab Emirates, with a day’s notice.
Around 180 people in the UAE connected to an offshore wind grid programme that underpinned most of the company’s engineering and construction revenue were laid off last week, ending on November 19.
According to Gulf News, a source close to the matter revealed that salaries were being paid only up to November 19, with no clarity on notice periods or gratuity. Those laid off workers include project directors, senior engineers, and support staff linked to the now-terminated 2GW offshore wind transmission programme with TenneT. Read More
Through Aramco Europe’s strategic membership with SPRINT Robotics, Aramco participated in the 10th-anniversary edition of the SPRINT Robotics World Conference for Inspection & Maintenance (I&M) Robotics. At the event, Aramco proudly secured 2nd place in the prestigious SPRINT Robotics Innovation Awards. The recognition was awarded in the category of “New Innovative Technology in Inspection, Maintenance, or Cleaning,” celebrating pioneering work in industrial robotics.
Aramco’s award-winning innovation, the Ignition Drone, was developed through a collaborative effort between the Inspection Department (ID) and the Offshore Drilling Department (ODD). Selected from a highly competitive pool of global technology developers, the drone was recognized for its groundbreaking design and transformative impact on drilling safety and operational efficiency. This achievement underscores Aramco’s strategic commitment to integrating cutting-edge technologies that enhance safety standards and support sustainable operations. Read More
PetroChina Guangxi Petrochemical’s ethylene project was completed and commissioned at the Qinzhou Port in Guangxi. It is the largest one-million-tonne-scale ethylene project in Southwest China.
The project is not only a 1.2 million-ton-per-year ethylene plant, but also involves 14 chemical units, two oil refining units, and supporting utilities. It includes the world’s largest 1.2 million-tonne-per-year diesel adsorption separation unit, which boosts feedstock utilization efficiency by over 15% compared to conventional processes. Additionally, it features PetroChina’s first self-developed 80,000-tonne-per-year styrene-butadiene-styrene (SBS) and 120,000-tonne-per-year functionalized solution-polymerized styrene-butadiene rubber (FSSBR) units. It also incorporates key facilities such as the world’s first ethylene refrigeration compressor equipped with the largest dual-converter non-interruption switching motor, demonstrating the maturity of China’s independent technological system in the petrochemical sector.
Upon full operation, the project will cut annual oil product output by 3.49 million tonnes while increasing the production of chemical products by 3.06 million tonnes per year. Read More
Bentley Motors today announced funding for a major environmental initiative off the Southeastern Australian coast supported by Seatrees – a launch partner of the Bentley Environmental Foundation. Since 2023, Bentley’s collaboration with Seatrees has enabled the Foundation to fund restoration projects across Kenya, Spain, Portugal, and the US. This new project will see the Foundation expanding into Australian waters, where funding will contribute to the restoration of Phyllospora comosa (“crayweed”), a kelp species once lost from this coastline.
The Project
Kelp forests are among the most important ecosystems on the planet, providing critical food and habitat for hundreds of species. These vast underwater forests in Australia support coastal food webs, sequester atmospheric carbon, produce oxygen for marine life, and support unique coastal biodiversity. However, during the 1980’s, crayweed disappeared from Sydney’s reefs due to poor water quality and urban impacts. Bentley’s support will help re-establish this essential habitat and food source for Sydney’s coastal marine biodiversity.
The restoration will take place along the South Bondi subtidal rocky reef, where two sites will be restored to create 12,000 square feet of kelp forest. Working with local partners Operation Crayweed and the Sydney Institute of Marine Science, the project involves transplanting healthy adult crayweed from existing populations and attaching them to deforested rocks using biodegradable mesh mats drilled into the reef. These transplanted adults will reproduce and establish new, self-sustaining populations, which divers will monitor to ensure survival and the return of marine life. Read More
The first automotive application of digital light processing, originally introduced for Mulliner’s coachbuilt Batur, has enabled the ability to offer customers the chance to curate their own personal animated welcome lamp projection as they enter their Bentley.
Bentley has crafted in wood, leather and metal for over 100 years, and now through the art of digital craftsmanship, light becomes the next medium – bridging the gap between handcrafted luxury and digital animation. In Bentley’s future, light will not only be used for illumination but will become an integral part of the design language. The curated animation consists of two parts. Firstly, an introduction sequence when the door is first opened, and then secondly a looped animation that projects continuously. The animation designer is able to incorporate other features from the cabin or exterior and bring them to life – for example, personalised embroidery could be animated, adding further cohesion to the theme. The animation could be as concise as a handwritten projection or as detailed as a floating feather. Read More
The all-new electric Mercedes‑Benz CLA is a resounding market success. Demand across Europe is distinctly high. And it’s not just customers who already received their vehicles who are enthusiastic. The all-new CLA also impresses in tests by independent media. Experts are full of praise and positively mention, among other things, the driving comfort, the outstanding range and charging performance, or the exceptional user interface.
The all-new CLA is now also available to order as a Shooting Brake in Europe. It combines the elegance, sporting character and intelligence of the successful CLA with even more space for passengers and luggage. It is the ideal choice for those with active lifestyles, young families and people with lots of leisure gear.
Two electric models are available at launch: The CLA 250+ Shooting Brake with EQ Technology (combined energy consumption: 14.9-12.7 kWh/100 km | combined CO₂ emissions: 0 g/km | CO₂ class: A)3 and 200 kW output convinces with a range of up to 768 kilometres according WLTP3. Price starts from 57,096 euros1. The CLA 350 4MATIC Shooting Brake with EQ Technology (combined energy consumption: 15.6-13.2 kWh/100 km | combined CO₂ emissions: 0 g/km | CO₂ class: A)3 is the top-of-the-line model. Its two motors and all-wheel drive lead to a power output of 260 kW and 515 Nm of torque. It is priced from 61,653 euros1.
Both models feature a lithium-ion battery with a usable energy capacity of 85 kWh. And with a state-of-the-art 800-volt electric architecture, up to 315 kilometres of range (WLTP)4 can be added in just ten minutes. Fast DC charging is possible at 800-volt charging stations with a charging capacity of up to 320 kW. However, the all-new CLA Shooting Brake can also use a 400-volt fast DC charging infrastructure, as a DC converter is available as an option. The AC charging capacity is up to 22 kW (optional). Read More
With the Panamera Turbo ‘Sonderwunsch’, Porsche demonstrated how an individual customer vision for a sports car exterior could become reality. Now, as part of the Icons of Porsche festival in Dubai, the sports car manufacturer is showing an equally special interior, thereby completing an individual customer dream. Fade effects and contrasting colours that correspond to the exterior, as well as perfect craftsmanship, make the interior of this Panamera truly unique. The car’s humidor and Champagne cooler are examples of how exceptionally luxurious ideas can also be realised in the interior. Two concept features created in the design studio illustrate how even the most unusual requests can be realised with the greatest attention to detail. In the cigar humidor, cedarwood inserts and a hygrometer ensure that humidity is always at the optimum level. The humidor is located in the storage compartment of the centre console with a glass cover allowing the fine tobacco products to be viewed. The removable inserts contain high-quality accessories such as a cigar cutter and lighter.
Another example of a potential equipment detail is the illuminated Champagne cooler. Integrated into the rear seat, it offers space for a small bottle and two glasses, which can be stored in the armrest. The components are painted in Avium, and the bottle holder itself is made from black leather and embossed with ‘Sonderwunsch’ lettering. The Porsche crest on the armrest is finished in Turbonite.
Renewable and EV growth has far outpaced earlier forecasts: global solar capacity is now four times higher than the IEA’s 2015 projection, and EVs make up over 20% of new car sales. China’s dominance in clean energy manufacturing has driven costs down worldwide.. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) Oilprice | USD/bbl | $58.60 | Up |
| Crude Oil (Brent) | USD/bbl | $63.11 | Up |
| Bonny Light 25/11/25 CBN | USD/bbl | $66.16 | Up |
| Dubai | USD/bbl | $64.50 | Down |
| Natural Gas | USD/MMBtu | $4.43 | Down |
| Murban | USD/bbl | $64.76 | Up |
| OPEC basket 24/11/25OPEC | USD/bbl | $63.14 | Up |
| At press time November 25, 2025 . |
Golar LNG Limited announced that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi. The new $1.2bn bank facility replaces an existing bank facility with an outstanding amount of $627 million as at Q3 2025.
The new debt facility has a 7-year tenor, 16-year amortization profile and will incur interest at SOFR plus a margin of 2.50% p.a. Golar’s 70% share of the net liquidity released from the bank refinancing amounts to approximately $400 million after repayment of the existing Gimi debt facility and unwinding of the existing interest-rate swap. Golar’s CEO, Karl Fredrik Staubo commented: “We are pleased to see strong interest from leading international banks to provide attractive financing for the FLNG Gimi. The new facility has improved terms compared to Gimi’s initial financing facility, which was put in place upon ordering of the FLNG Gimi. The new facility proves the bankability of Golar’s FLNG assets once operational on their long-term FLNG contracts at ~5.5x debt to EBITDA ratio.” Read More
Baker Hughes Rig Count: International -25 to 1059, :U.S. +5 to 554 Canada +7 to 195
U.S. Rig Count is up 5 from last week to 554 with oil rigs up 2 to 419, gas rigs up 2 to 127 and miscellaneous rigs up 1 to 8.
Canada Rig Count is up 7 from last week to 195, with oil rigs up 4 to 128, gas rigs up 3 to 67 and miscellaneous unchanged at 0.
International Rig Count is down 25 from last month to 1,059 with land rigs down 8 to 833, offshore rigs down 17 to 226
The Worldwide Rig Count for October was 1,800, down 12 from the 1,812 counted in September 2025, and down 164, from the 1,964 counted in October 2024.
| Region | Period | Rig Count | Change |
| U.S.A | November 22, 2025 | 554 | +5 |
| Canada | November 22, 2025 | 195 | +7 |
| International | October 2025 | 1059 | -25 |
| Baker Hughes |
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Victor Cole , victor@oilandgaspress
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