Daily Archives: February 1, 2016

Murphy reshuffles Canadian gas assets in two deals

Rate this article Murphy Oil Co. Ltd. (MOCL), the Canadian subsidiary of Murphy Oil Corp., has agreed to acquire operated and nonoperated working interest of production, acreage, infrastructure, and facilities in Kaybob Duvernay area and liquids-rich Montney area in Alberta from Athabasca Oil Corp. for $475 million (Can.). The two firms are forming Read Full…

Petrobras to restructure, shed senior management

Rate this article Petroleo Brasileiro SA (Petrobras) said it has approved a new organizational structure and governance model “as part of the company’s response to the new reality of the oil and gas sector.” Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Leviathan field group signs gas sales deal

Rate this article Partners in giant Leviathan natural gas field awaiting development in deep water offshore Israel have signed an agreement to sell as much as 6 billion cu m of gas to an Israeli power generator. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Dutch firm farms into Malaysian PSCs

Rate this article Wholly owned subsidiaries of DYAS BV, a privately owned Dutch company, has agreed with Lundin Malaysia BV to farm into three production-sharing contracts covering acreage offshore Malaysia. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest