HONG KONG/SINGAPORE (Reuters): Murphy Oil Corp is nearing a deal to sell its Malaysian oil and gas assets to Thailand's PTTEP PCL, people familiar with the matter said, in the latest energy M&A transaction in the Southeast Asian nation.
The independent US oil and gas exploration and production company could announce a deal, valued at just over US$2bil, with the Thai energy company as early as Thursday, said one source, who declined to be identified as the news is not public.
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