Murphy Oil CEO Back at Work after Medical Leave
U.S. oil firm Murphy Oil Corporation has informed that its CEO Roger W. Jenkins has recovered and resumed his responsibilities "following his temporary medical leave."Jenkins had taken medical leave in March due to coronavirus concerns when Murphy said he would "step down temporarily pending test results and a presumptive diagnosis of COVID-19."Murphy did not confirm if Jenkins, elected CEO in 2013, had indeed tested positive or not.During his temporary leave…
Murphy Oil CEO on Medical Leave Due to COVID-19
The CEO of Murphy Oil has taken a medical leave due to coronavirus concerns.The US-based exploration and production company announced Thursday that Roger W. Jenkins will step down temporarily pending test results and a presumptive diagnosis of COVID-19. He is expected to completely recover, the company said. Jenkins was elected President & Chief Executive Officer of Murphy Oil Corporation in 2013.In the interim period, the company’s Executive Vice President and Chief Financial Officer David R.
Murphy Oil Closes Gulf of Mexico JV
Murphy Oil Corporation announced that it has closed its previously announced deal to form a Gulf of Mexico joint venture with Petrobras.The global independent oil and natural gas exploration and production company said in a press release that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced strategic deep water Gulf of Mexico joint venture with Petrobras America (PAI)…
Subsea Integration Alliance Awarded Deepwater Integrated EPCIC Contract
Subsea Integration Alliance has announced the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award. This award, by Murphy Exploration & Production Company–USA, a subsidiary of Murphy Oil Corporation, is for the industry’s longest deepwater subsea multiphase boosting tieback. Building on a track record of numerous engineering studies…
Transocean's Discoverer Deep Seas Contract Terminated
Transocean Ltd. (NYSE: RIG) announced today that Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation, has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas. The rig's contract was scheduled to end in November 2016. Transocean will be compensated for the early termination through a lump-sum payment that includes adjustments for operating costs.
