Drilling & production - 17 July 2015

While no significant moves can be forecast, oil prices are unsustainable at current levels, which will likely spur change in the form of pullbacks and consolidations.

This induced seismicity monitoring (ISM) network uses the same highly sensitive and accurate technology used by regulators.

The topside installation consisted of lifting four modules onto the pre-installed jacket.

SBM Offshore has sold a combined stake of 45% in a floating production storage and offloading vessel.

The American Petroleum Institute has said that US petroleum demand increased during June and in Q2 of this year overall.