Multi-license awards open Eastern Mediterranean doors for Murphy Oil
Murphy Oil has made its first foray into the Eastern Mediterranean by securing six offshore exploration licenses close to a giant gas field.
Houston-headquartered oil and gas company Murphy Oil Corporation has expanded its portfolio by making its entrance into the Eastern Mediterranean, thanks to new offshore exploration licenses in Israel's Zone G.
Murphy Oil Corporation has announced its entry into the Eastern Mediterranean following the award of six exploration licenses in Zone G by the government of Israel.
Spanning approximately 1,700 square kilometers offshore Israel, Zone G is located around 25 kilometers southwest of the Leviathan gas field.
Partnering with Ratio Energies on a 50-50 joint venture where Murphy will act as operator, the company is poised to embark on a hydrocarbon quest in one of the region's energy frontiers.
This story was originally published by Offshore Energy. Read the full story at Offshore Energy →
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