Murphy Oil Expands in S.E. Asia

Oil and gas company Murphy Oil Corporation expanded its footprint in Southeastern Asia through a production sharing agreement in Brunei Darussalam. Murphy's wholly owned subsidiary, Canam Brunei Oil Ltd., has entered into an agreement with Brunei National Petroleum Company Sendirian Berhad (PetroleumBRUNEI) for interests in offshore Block CA-2.
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Source: Zacks