Murphy Oil partners with Ratio Energies on six exploration licenses offshore Israel
MUR•Murphy Oil and Ratio Energies will explore six licenses in offshore Zone G, each holding a 50% stake. Murphy will operate the licenses, which cover about 1,700 square kilometers roughly 25 kilometers southwest of the Leviathan gas field.
1. License partnership
A Murphy subsidiary and Ratio Energies will each hold 50% of six exploration licenses awarded by Israel in offshore Zone G, with Murphy serving as operator. The area spans approximately 1,700 square kilometers, about 25 kilometers southwest of the Leviathan gas field.
