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Rigzone Industry News

1. Oil Climbs Amid Sign of Trade War Truce

   Oil climbs as the U.S. delay sanctions against Huawei Technologies Co., offering a hint of progress in its trade war with China.

2. Seadrill Aims for Increased Offshore Safety with New Technology

   Offshore drilling contractor Seadrill Limited has introduced a new technology to enhance offshore safety.

3. Oil Up as Mideast Fears Stoked

   Oil rose for a second day as a drone attack on a Saudi Arabian oil field revived concerns that the tense Middle East political situation may jeopardize crude exports.

4. Oil Prices End Volatile Week on Mild Note

   WTI and Brent crude oil futures concluded a volatile week of trading with modest gains Friday.

5. US Adds Six Oil Rigs

   After several weeks of declines, the U.S. tacked on an additional six oil rigs.