Murphy Oil Corporation will operate six Zone G licenses offshore Israel awarded by the Government of Israel, under an agreement with Ratio Energies LP, the company said in its 9 November announcement.

The licensed acreage spans approximately 1,700 square kilometers in the Mediterranean, about 25 kilometers southwest of the Leviathan gas field.

Each partner will hold a 50% interest. The award gives Murphy Oil Corporation a presence in the Eastern Mediterranean, broadening the geographic scope of its exploration activities.

The companies plan to jointly review the area’s exploration prospects.