Murphy Oil News

 

Murphy Oil Closes Gulf of Mexico JV

Dec 04, 2018

Murphy Oil Corporation announced  that it has closed its previously announced deal to form a Gulf of Mexico joint venture with Petrobras.The global independent oil and natural gas exploration and production company said in a press release that its wholly owned subsidiary…

Petrobras Forms JV with Murphy in Gulf of Mexico

Oct 11, 2018

Brazil's state-controlled oil company Petroleo Brasileiro SA is forming a joint venture with Murphy Oil Company to explore oil and gas fields in the Gulf of Mexico, the Brazilian company said on Wednesday in a securities filing.According to the filing…

QGEP in Exxon, Murphy deepwater Brazil deal

Sep 28, 2017

QGEP Participações has completed two separate farm-out agreements, one with ExxonMobil and one with Murphy Oil in the Sergipe Alagoas Basin. The farm-out agreements are for Blocks SEAL-M-351 and SEAL-M-428. Additionally, QGEP and its…

Confidence boost

Sep 01, 2017

Subsea boosting is helping to push otherwise uneconomic subsea projects over the line. Elaine Maslin reports on two tiebacks benefiting from a bit of boost – including the industry’s longest deepwater subsea multiphase boosting tieback. Murphy…

Tullow contracts Noble for Suriname drilling

Jun 16, 2017

Tullow Oil has contracted US-driller Noble Corp. for an exploration well on its 'game changer' Araku prospect offshore Suriname, South America. Tullow has contracted the Noble Bob Douglas drillship from early October to early November…

Do call it a (deepwater) comeback

May 11, 2017

Gulf of Mexico operators BP and Murphy Oil sing the praises of a new below US$50/bbl breakeven world at this year’s OTC Houston. Audrey Leon reports. Image of Morrison presenting at OTC. Images from OTC…

Murphy joins Chevron at Hoffe Park

Jan 26, 2017

Murphy Oil announced a partnership with supermajor Chevron in the Gulf of Mexico in Q4 2016, in addition to suffering from a net loss of US$64 million during the period, and an even bigger loss for the year. Image from Murphy…

Barakah inks Murphy gig off Malaysia

Dec 23, 2016

Barakah Offshore Petroleum has won a two-year, US$4.4 million (RM20.0 million) contract from Murphy Oil to provide work on the company's Kikeh spar platform, offshore Malaysia. The work will be done by Barakah's wholly-owned subsidiary company…

NOPSEMA appoints safety, integrity head

Dec 13, 2016

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) appointed Derrick O’Keeffe as the head of division for safety and integrity. In this role, O’Keeffe will ensure regulatory requirements around…

SLB, Subsea 7 alliance wins Dalmatian contract

Dec 05, 2016

The Subsea Integration Alliance (a collaboration between Schlumberger, OneSubsea, and Subsea 7) has been awarded a deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting…

Mexico reveals prequalified deepwater bidders

Aug 25, 2016

Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…

Chevron cuts 655 Houston jobs

Apr 07, 2016

Supermajor Chevron has cut 655 upstream jobs from its Houston workforce, adding to the list of oil and gas companies that have been hit by the low oil prices. John Watson, from Chevron. “In light of the current market environment…

Murphy Oil: A reduction in force

Apr 04, 2016

Murphy Oil is planning to make cuts to its worldwide workforce in direct response to the negative impacts of low commodity prices. Image from Murphy Oil. “Over the course of the past year and a half…

Transocean to cut 80 Discoverer Americas jobs

Mar 15, 2016

Transocean will lay off about 80 jobs that were part of the Transocean Discoverer Americas ultra deepwater unit, which Statoil canceled in December. The Discoverer Americas, from Transocean. The 70-80 lay offs…

Transocean cuts jobs, stacks more rigs

Feb 17, 2016

Transocean is stacking two of its ultra deepwater drillships due to current market conditions that will result in the reduction of about 200 jobs. The Transocean Champion. Image from Gusto MSC…

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