Thursday 29 January 2015

Malaysia: Murphy Oil closes second phase of partial divestment of Malaysian assets to Pertamina

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Murphy Oil Corp announced that its wholly owned subsidiaries, Murphy Sabah Oil and Murphy Sarawak Oil, have closed on the second phase of the sale of 30% of Murphy's Malaysian oil and gas assets to Pertamina Malaysia Eksplorasi Produksi. The second phase covers the remaining one-third of the transaction or 10% of Murphy's Malaysian oil and gas assets.

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