Murphy Oil Corporation announced on November 9, 2026, that it has entered the Eastern Mediterranean region following the award of six exploration licenses in Zone G by the Government of Israel. The licenses cover an area of approximately 1,700 square kilometers located about 25 kilometers southwest of the Leviathan gas field.
The company stated that the licenses will be held 50 percent by a Murphy Oil subsidiary and 50 percent by Ratio Energies LP, with Murphy serving as the operator. The company noted that the awards expand its international exploration portfolio and provide a new opportunity in the Eastern Mediterranean.
In a separate announcement dated November 11, 2026, Murphy Oil disclosed the execution of four production sharing contracts covering the Elombo, Etinde Exploration, Ntem, and Tilapia blocks offshore Cameroon.
