Post Tagged with: "Malaysia"

Murphy Oil Divests Malaysia for $2 Billion, Executes $300 Million Share Repurchase Program

Murphy Oil Divests Malaysia for $2 Billion, Executes $300 Million Share Repurchase Program

Murphy Oil Corporation Announces Close of Malaysia Portfolio, Executes $300 Million Share Repurchase Program

Murphy Turns to Eagle Ford, GOM after $2.1 Billion Sale to Depart Malaysia

Murphy Turns to Eagle Ford, GOM after $2.1 Billion Sale to Depart Malaysia

Sale ends Murphy’s 20-year Malaysian history

By Richard Rostad, analyst, Oil & Gas 360

Murphy Oil (ticker: MUR) announced a major divestiture today, selling the company’s Malaysian assets to focus on its Eagle Ford development.

Murphy will sell its entire …

Shell Targets Growth from Deep-Water Production, Starts Oil Production from Malikai Tension-Leg Platform in Malaysia

Shell Targets Growth from Deep-Water Production, Starts Oil Production from Malikai Tension-Leg Platform in Malaysia

Shell’s first TLP outside the Gulf of Mexico

  • Malikai employs a tension leg platform (TLP), a vertically floating structure moored by groups of tethers (tendons) at each corner. The groups of tendons are held upright in tension, giving the platform