A wholly-owned subsidiary of US-based Murphy Oil Corporation has agreed on a production sharing agreement with Brunei Darussalam’s Sendirian Berhad for the exploration of CA-2 offshore block off the coast of the oil-rich Sultanate. Murphy’s increased interest in Brunei’s oil firms is in line with the company’s expansion plans in Southeast Asia. Read full story here.
URL: http://www.tradingmarkets.com/news/stock-alert/mur_canam-brunei-signs-production-sharing-agreement-with-sendirian-berhad-1366308.html
Tags: Brunei oil, oil drilling companies, offshore drilling companies, oil exploration companies, Brunei oil and gas, oil and gas news, oil gas investments, oil gas exploration, oil and gas investors
