Oil & Gas Companies: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Murphy Terminates Production Sharing Contracts

Source: www.gulfoilandgas.com 4/21/2010, Location: Asia

Share |

Murphy Oil Corporation announced that it has been informed by PETRONAS that following the execution of the Exchange of Letters between Malaysia and the Sultanate of Brunei on March 16, 2009, the offshore exploration areas designated as Block L and Block M are no longer a part of Malaysia.

As a consequence, the production sharing contracts covering Blocks L and M, awarded in 2003 to PETRONAS Carigali Sdn Bhd and Murphy, were formally terminated by letter dated April 7, 2010. Murphy’s potential participation in replacement production sharing contracts covering these areas is under discussion.

Oil & Gas Companies News in Malaysia >>

Caspian Oil Supply - July 2015
Kazakhstan >>  7/27/2015 - Kazakhstan’s oil supply is expected to decrease by 10 tb/d over the previous year to average 1.62 mb/d in 2015, unchanged from the previous MOMR. Kaza...
India Oil Trade -July 2015
  India >>  7/25/2015 - In May, India’s crude imports averaged 4.1 mb/d, which is 350 tb/d or 9% higher than last month’s level and marks the highest crude imports seen since...

Russia Economy in July 2015
Russia >>  7/22/2015 - GDP contracted 2.2% y-o-y in 1Q15, which was worse than the 1.9% decrease previously reported. This is the first decline since the last quarter of 200...
TAP Selects Technip for a Contract for Project Management Services
Azerbaijan >>  7/21/2015 - Technip has been awarded by TAP(1) a Project Management Consultancy (PMC) Services contract, for a project designed to transport gas from the Shah Den...

GE Oil & Gas to Provide Advanced Turbomachinery for Landmark TANAP Project
Azerbaijan >>  7/21/2015 - GE Oil & Gas (GE) will provide high-end turbomachinery for Phase 1 of the landmark Trans-Anatolian Natural Gas Pipeline (TANAP) - a partnership betwee...
Vallianz Bags $458mn Offshore Contracts
  Singapore >>  7/20/2015 - Vallianz Holdings Limited, a fast growing provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has signed...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Malaysia Oil & Gas 1 >>  2 | 3 |

More News

Oil & Gas Companies in Malaysia >>

Related Links

Countries Quick Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed