Murphy Oil

Murphy Oil discovered gas at its Permai exploration well in deepwater Block H in the South China Sea offshore Malaysia. The find is Murphy’s eighth consecutive success in the area around the Rotan floating liquefied natural gas project, which is planned to begin its first production in 2018. The discovery is expected to reduce the project’s development costs. Murphy (42%) is the operator of the block with Petronas (40%) and Pertamina(18%).