North American outlook: Prosperity in the U.S. market continues ///

After a bit of a lull in first-quarter 2014, U.S. drilling has resumed steady growth over the last four months. Onshore the Lower 48 states, oil-directed activity is king, particularly in the larger shales, as operators strive to benefit from high liquids prices. Offshore, the rig count is up 8%, as activity centers on deepwater mega-projects for oil development.

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