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Rigzone Industry News

1. Saipem Believes It Is Approaching 'Turning Point' in Offshore Drilling

   'We expect to see a significant ramp-up in demand from the second half of 2026 onwards', Saipem CEO and General Manager Alessandro Puliti said.

2. OPEC+ 8 Decide to Implement Output Adjustment

   'Like in the group's recent meetings, this round also offered a surprise', Rystad Energy's Head of Geopolitical Analysis, Jorge Leon, said.

3. Lukoil to Sell Assets to Gunvor Amid Sanctions

   Russian oil producer Lukoil PJSC has agreed to sell its international assets to energy trader Gunvor Group.

4. Oil Steadies Ahead of OPEC+ Talks

   Oil prices ended the week steady as traders anticipated another modest OPEC+ output increase.

5. Trump Says Carney Apologized for Ad, But Trade Talks Still On Hold

   U.S. President Donald Trump suggested that trade talks between the U.S. and Canada won't restart.