Archive for the ‘Murphy Oil Corp’ Category

Murphy Oil Corp. and partners are considering the drilling of an appraisal well of their Cholula discovery in deep water offshore Mexico as well as two exploration wells on the same Salina basin block next year.

A subsidiary of PTT Exploration & Production PCL (PTTEP) will pay $2.127 billion to a subsidiary of Murphy Oil Corp. for Murphy’s two primary Malaysian subsidiaries, Murphy Sabah Oil Co. Ltd. and Murphy Sarawak Oil Co. Ltd. A bonus payment of up to…

Michael K. McFadyen, executive vice-president, offshore, of Murphy Oil, will assume responsibility for exploration following the Feb. 28 retirement of Eugene T. Coleman, executive vice-president, exploration and business development. The responsibility…

Murphy Exploration & Production Co.-USA and Petrobras America Inc. (PAI) have formed a joint venture comprised of all the current producing Gulf of Mexico assets from Murphy and PAI. Murphy, which will oversee operations, will own 80% of the combin…

Eric M. Hambly has been named executive vice-president, onshore, of Murphy Oil Corp. He has been senior vice-president, US onshore, of wholly owned subsidiary Murphy Exploration & Production Co. (Murphy E&P).

David R. Looney has been named executive vice-president and chief financial officer of Murphy Oil Corp., El Dorado, Ark. He also will serve as a member of the board. 

As publisher of the OGJ150 each September, editors at Oil & Gas Journal already have a pretty good idea of which US industry firms are handling the downturn better or worse relative to their peers.

Suncor Energy Inc. is to buy an additional 5% of Syncrude Canada Ltd. for $937 million (Can.) from the Canadian subsidiary of Murphy Oil Corp. The purchase will bring Suncor’s interest in Syncrude to 53.74% and close out Murphy’s participation (OGJ Online, Dec. 9, 2015).