US independent Murphy Oil has a major new oil discovery in the Cuu Long basin offshore Vietnam on its hands, with flow testing confirming the producibility, according to Jonathan Craig ...

Murphy Oil (NYSE:MUR) +2.7% pre-market Wednesday after saying it discovered oil at an exploration well in the same area as its Lac Da Vang project in the Cuu Long Basin offshore Vietnam.

KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) subsidiary PC Vietnam Limited (PCVL) will hand over Blocks 01 and 02, located at the Cuu Long basin, offshore Vietnam, to the host authority ...