May. 2012 - McDermott has received a subsea contract to execute a deepwater engineering, procurement, construction, transportation, installation and commissioning project offshore Malaysia. The award is for the subsea infrastructure of the Siakap North - Petai ("SNP") development project operated by Murphy Sabah Oil Co., comprising rigid flowlines, flexible risers, an umbilical and subsea hardware and controls. The SNP field is located nearby the existing Kikeh field, northwest of Labuan Island, Malaysia, in waters measuring 3,900 to 4,900 feet (1,189 to 1,494 meters) deep. The SNP field architecture consists of two rigid, insulated, pipe-in-pipe production flowlines, one rigid water injection flowline and one main umbilical system connecting eight new manifolds and subsea distribution units to existing riser slots on the Kikeh FPSO. The development calls for five water injection and eight production wells, drilled from the manifolds at each of the four drill center locations. The project scope is scheduled to be completed by the third quarter of 2013.

May. 2012 - Murphy Sabah Oil has awarded Aker Solutions a contract for the delivery of a subsea production system for the Siakap North project. The scope of work includes 13 subsea trees, eight manifolds, well jumpers, engineering for topside controls and life cycle support services. The first hardware delivery is slated for 1Q 2013. The subsea production system will be tied-back to Murphy's Kikeh FPSO.

Aug. 2011 - Murphy Sabah Oil Co., Ltd. Granted Aker Solutions a contract for the Kikeh subsea expansion project off the coast of Sabah in East Malaysia. The scope of work includes the delivery of deepwater oil production equipment such as subsea trees, control modules distribution system and manifolds. The water depth of the site is 4,429 feet (1,350 meters). The subsea hardware should come online in 2013. Kikeh is located offshore Sabah in the southern part of Block K. Murphy Oil's Asian subsidiary serves as the operator of Kikeh with an 80% interest in the field. Petronas, the state-owned Malaysian petroleum company, holds the remaining 20%.

Jun. 2011 - Murphy Sabah Oil Company awarded Dril-Quip's subsidiary, Dril-Quip Asia Pacific PTE a contract for the supply of drilling and production equipment for the Kikeh Dry Tree Spar platform. Dril-Quip will provide a drilling riser, top tensioned production risers, tensions, tie-back connectors, specialty joints, surface wellheads and production trees to the project. Delivery of the equipment will begin in 2012. Kikeh is located in 4,400 feet (1,341 meters) of water offshore Sabah in the southern part of Block K. Murphy Oil's Asian subsidiary serves as the operator of Kikeh with an 80% interest in the field. Petronas, the state-owned Malaysian petroleum company, holds the remaining 20%.

Apr. 2011 - Murphy awarded Seadrill an 18-month contract for the West Menang semi tender rig to operate on the Kikeh Spar deepwater field in Malaysia. The estimated contract value is about US $100 million, and the commencement is scheduled for later this quarter. Kikeh is located in 4,400 feet (1,341 meters) of water offshore Sabah in the southern part of Block K. Murphy Oil's Asian subsidiary serves as the operator of Kikeh with an 80% interest in the field. Petronas, the state-owned Malaysian petroleum company, holds the remaining 20%.

Jun. 2009 - Murphy Oil made the first discovery at the Siakap North prospect located in Block K, offshore Sabah, Malaysia. Drilled by Diamond Offshore's Ocean Rover semisub, the Siakap North discovery is located 6 miles (10 kilometers) from Murphy's Kikeh field in approximately 4,300 feet (1,311 meters) of water. The well encountered oil bearing pay sands of a similar age and quality as Kikeh. Development options, including a tie-back to Kikeh, are being evaluated. Murphy holds an 80% working interest and serves as operator. Petronas Carigali Sdn. Bhd., the wholly owned exploration and production arm of Petronas, holds the remaining 20%.