Murphy Oil sells its Malaysian palm oil business to PTT exploration for $2.12 BN

22-Mar-2019 - 0 Comments.

Murphy Oil Corporation (Murphy) announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., to a subsidiary of PTT Exploration and Production Public Company Limited