Murphy Oil urged to expand investment in Viet Nam. Minister of Industry and Trade Le Manh Hung on June 8 had a meeting with Eric M. Hambly, President and Chief Executive Officer of Murphy Oil - a US-based global energy corporation with more than 100 years of experience in oil and gas exploration and production across North America, Southeast Asia, Africa and other key regions worldwide, according to the Ministry of Industry and Trade (MoIT). Monday, June 8, 2026 at 08:25 The company has operated in Viet Nam since 2012 and currently participates in and operates many important oil and gas contracts at projects such as Lac Da Vang and Hai Su Vang, which are expected to contribute additional oil and gas supplies, strengthen energy security and support Viet Nam's economic development. At the meeting, Hung highly valued Murphy Oil's contributions to oil and gas exploration and production activities in Viet Nam. He called on the company, as operator, to work closely with relevant parties to effectively implement signed contracts, particularly at Blocks 15-1/05 and 15-2/17, ensuring progress, quality and efficiency. The minister also encouraged Murphy Oil to continue studying and considering new investment opportunities and contracts in Viet Nam on the basis of investment efficiency, harmonised interests among stakeholders, and compliance with Vietnamese law. For his part, Eric M.Hambly shared the corporation's global business strategy, affirming that Viet Nam remains an important partner. He thanked the Vietnamese Government and the Ministry of Industry and Trade for facilitating the company's oil and gas operations in recent years, while proposing several recommendations related to oil and gas activities in the country. Hung said the ministry will continue reviewing and creating favourable conditions, in accordance with legal regulations, to support Murphy Oil's oil and gas operations in Viet Nam.

Murphy Oil has declared a quarterly cash dividend of $0.35 per share ($1.40 annualised), payable on 1 June 2026 to shareholders of record as of 18 May 2026. The dividend comes as Murphy advances capital-intensive offshore exploration in the Gulf of Mexico, Vietnam and Côte d'Ivoire. The company plans to spend $1.2–$1.3 billion in 2026 on domestic and international development, highlighting the balance between funding growth and maintaining shareholder returns. Murphy's investment narrative centres on its upstream focus with heavy reliance on offshore projects and exposure to volatile oil prices. Key risks include operational challenges and price-related swings that could impact cash flow, whilst near-term catalysts depend on progress in Gulf of Mexico and international exploration activities.