Murphy Oil News

 

Petrobras Launches Binding Phase for Sale of Its U.S. Gulf of Mexico Oil Field Interests

Apr 19, 2022

Brazilian oil company Petrobras has launched the binding phase for the sale of its 20% in the company MP Gulf of Mexico, LLC. (MPGoM), which owns offshore fields in the U.S. Gulf of Mexico.Petrobras first announced its intention to exit the joint venture in October 2021…

Deepwater: First Oil Starts Flowing from King’s Quay Floating Production System, Murphy Oil Says

Apr 12, 2022

U.S. oil firm Murphy Oil Corporation has started oil production from the Khaleesi, Mormont, and Samurai field development project in the deepwater section of the U.S. Gulf of Mexico.Production has started flowing this month from the Murphy-operated King’s Quay floating production system…

No Oil at ExxonMobil's Cutthroat Well Offshore Brazil

Mar 28, 2022

Brazilian oil company Enauta Participacoes said on Monday no hydrocarbons were found at the 1-EMEB-3-SES well, an asset in which it has Exxon Mobil Corp and Murphy Oil Corp as partners, sending its shares down.Enauta's securities filing on the…

Canada: Two Near Miss Incidents Reported on Hibernia Offshore Platform In March

Mar 25, 2022

Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said Friday that a near-miss incident had occurred on March 20 aboard the Hibernia platform, offshore Canada.'Hibernia Management and Development Company (HMDC) has reported that on March 20…

Cutthroat Well Could Hold Up To 1 Billion Barrels

Mar 22, 2022

U.S. oil producer Exxon Mobil Corp is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday.If exploration is successful, it would be Exxon's first oil discovery in Brazil as an operator…

ExxonMobil Spuds Cutthroat Well Offshore Brazil

Feb 21, 2022

ExxonMobil has started drilling at the Cutthroat prospect in a deepwater block in the Sergipe Alagoas Basin, offshore Brazil.The news of the drilling start-up was shared by Enauta, one of Exxon's partners in Block SEAL-M-428, where the well site is located…

Non-binding Phase Starts for Petrobras U.S. Gulf of Mexico Asset Sale

Feb 16, 2022

Brazilian oil company Petrobras has started the non-binding phase regarding the sale of its assets in the U.S. Gulf of Mexico.Petrobras is selling its entire 20% stake held in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA…

BSEE Inspects Murphy Oil’s New King’s Quay Platform Ahead of First Oil

Feb 07, 2022

U.S. Bureau of Safety and Environmental Enforcement (BSEE) inspectors and engineers last week carried out an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The facility, a semi-submersible FPS…

PTTEP Awards Long-term Charter Extension for FPSO Kikeh

Jan 26, 2022

PTTEP Sabah Oil Limited, a Malaysian subsidiary of the Thai oil company PTTEP, has awarded a six-year contract extension for the FPSO Kikeh, operating in deep waters offshore Sabah, Malaysia.The charter extension news was shared this week by Malaysia's MISC…

Murphy Oil Books Valaris Floater for Gulf of Mexico Wells

Jan 19, 2022

Offshore drilling contractor Valaris said Tuesday it had secured two one-well contracts with subsidiaries of Murphy Oil Corporation for its semi-submersible drilling unit Valaris DPS-5.The first contract for the 2012-built offshore drilling rig is in the U…

Brazilian Offshore Oil Round Disappoints as Only Shell, Ecopetrol Bid

Oct 08, 2021

Brazil failed to sell off exploration and production rights in the most promising offshore oil blocks up for sale on Thursday, as its first oil auction since the start of the COVID-19 pandemic brought just 37.1 million reais ($6.7 million) into state coffers…

Chevron, Shell, Total Among Potential Bidders in Brazil Offshore Oil Round

Oct 07, 2021

Brazil is set to sell off exploration and production rights in dozens of offshore oil producing blocks on Thursday, in an auction that is small by local standards but will offer opportunities for majors to snap up potentially prolific assets…

Petrobras Looking to Sell U.S. Gulf of Mexico Assets

Oct 05, 2021

Brazilian oil firm Petrobras is looking to exit its U.S. Gulf of Mexico joint venture with Murphy Oil by selling its 20 percent interest.The joint venture firm, called MP Gulf of Mexico (MPGOM) owns an interest in 15 fields in the U.S. Gulf of Mexico along with an interest in St…

King’s Quay Floating Production Unit Reaches Texas

Sep 22, 2021

China's Cosco Shipping has earlier this month delivered the King’s Quay floating production unit to Ingleside, Texas, aboard its M/V Xiang An Kou semi-submersible heavy transportation vessel, after a long journey from South Korea.The 21,498mt platform…

U.S. Offshore Oil Output Losses Felt Around the World

Sep 10, 2021

Two weeks of losses in U.S. offshore energy production spiraled on Thursday, with prolonged outages from Hurricane Ida leading to oil contract cancellations around the globe. Three-quarters of U.S. Gulf of Mexico oil production remained offline…

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