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JV of Petrobras and Murphy
Oct. 12, 2018
Source: World Oil

JV of Petrobras and Murphy

Petrobras’ subsidiary, Petrobras America Inc. and Murphy Oil Corporation’s subsidiary Murphy Exploration & Production Company have signed an agreement to form a joint venture (JV) comprised of oil producing assets in the Gulf of Mexico. Both the companies will contribute their present assets of Gulf of Mexico, with Murphy having 80% interest and PAI 20%. The production of this JV is expected to be approximately 75,000 boed in fourth-quarter 2018.

   Read More About : Joint Venture Petrobras US Gulf Of Mexico
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