The second quarter’s sales total was the lowest since the third quarter of 2009, a fresh review by analysts Derrick Petroleum Services and PLS said.

Within this, only five out of 44 large deals were worth more than $1 billion in the last quarter, and the number of smaller and undisclosed deals also declined.

The oil and gas shop window has boosted its stock by 19% since the start of the second quarter to $105 billion, thanks largely to BP’s putative