Murphy Oil Enters Eastern Mediterranean with Zone G License Awards

9 November 2026
Edited By: Haley McQueen

Murphy Oil Corporation has announced its entry into the Eastern Mediterranean following the award of six exploration licenses in Zone G by the Government of Israel.

Murphy Oil Corporation has secured six exploration licenses in Zone G offshore Israel.

Zone G spans approximately 1,700 square kilometers offshore Israel and is located approximately 25 kilometers southwest of the Leviathan gas field. The licenses will be held 50 percent by a subsidiary of Murphy and 50 percent by Ratio Energies LP, with Murphy serving as operator.

The license awards expand Murphy’s international exploration portfolio and provide a new opportunity in the Eastern Mediterranean. Murphy and Ratio Energies will now work together to further evaluate the exploration potential of Zone G.