Murphy Oil Corporation Announces Transaction Closing for King’s Quay Floating Production System
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that its subsidiary, Murphy Exploration Production Company – USA, has closed the previously announced transaction with a fund managed by ArcLight Capital Partners, LLC for the sale of Murphy’s entire 50 percent interest in the King’s Quay floating production system (King’s Quay FPS) and associated export lateral pipelines (Associated Laterals) to be located in the Gulf of Mexico. The King’s Quay FPS and Associate
Murphy Oil Corporation Announces Transaction Closing for King’s Quay Floating Production System
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that its subsidiary, Murphy Exploration Production Company – USA, has closed the previously announced transaction with a fund managed by ArcLight Capital Partners, LLC for the sale of Murphy’s entire 50 percent interest in the King’s Quay floating production system (King’s Quay FPS) and associated export lateral pipelines (Associated Laterals) to be located in the Gulf of Mexico. The King’s Quay FPS and Associate