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 Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

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 >>

China Stock Movements in September 2014
China >>  9/15/2014 - The latest information for July showed that Chinese total oil commercial inventories rose by 11.7 mb, reversing the drop of last month. At 407.3 mb, C...
Honeywell’s UOP Oleflex™ Technology Selected in China
China >>  9/11/2014 - UOP LLC, a Honeywell company, announced that its Oleflex™ process technology has been selected to produce key ingredients to help meet the growing dem...

Japan Oil Trade in September 2014
  Japan >>  9/11/2014 - Japan crude oil imports increased in July by 87 tb/d, or 3%, to average 3.1 mb/d. In a y-o-y comparison of crude imports, July saw a decline of 387 t...
CTCI, Chiyoda, CCJV P1 E&C, Synerlitz and MIE Awarded EPCC Contract from Petronas
Malaysia >>  9/5/2014 - PRPC Refinery and Cracker Sdn. Bhd., a subsidiary under the Petroliam Nasional Berhad (PETRONAS) group, Malaysia’s national energy company has awarded...

Air Products Awarded Technip EPCM Contract in India
India >>  9/4/2014 - Technip was awarded by Air Products a contract to provide project management, as well as engineering, procurement and construction management (EPCM) s...
Other Asia Oil Demand - August 14
  India >>  9/4/2014 - In India, demand for oil in June 2014 was rather solid as compared to June 2013 levels. Increases were constant across all the main product categories...



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 KG KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us