The growth in US crude oil exports in 2019 has been attributed to increasing US crude oil production, expanding domestic infrastructure, and increasing global demand for light, low-sulfur crude oils.
Stewart MacDonald has been appointed as non-executive Director of the company.
Murphy’s revised 2020 budget is now approximately US$950 million, a nearly 35% revision.
The company recorded loss after tax of US$1694 million. in 2019.
The company has said it completing a series of "transformational" acquisitions in the Republic of the Congo, West Africa, Tunisia and Italy.