Murphy Oil Corp.’s current COO Eric M. Hambly has been appointed to CEO and president effective Jan. 1, 2025 following Roger W. Jenkins’ departure in the role. (Source: Shutterstock)
Murphy Oil Corp.’s current COO Eric M. Hambly has been appointed to CEO and president effective Jan. 1, 2025 following Roger W. Jenkins’ departure in the role.
Jenkins will retire from Murphy’s board on Dec. 31 and will assume a non-executive role as an advisor until his retirement, Murphy said.
Additionally, the board has also added Hambly and Robert B. Tudor III, the founder and CEO of Artemis Energy and former CEO of Tudor, Pickering, Holt & Co., as new directors.
Hambly joined Murphy in 2006 and has since played roles in the company’s operations in Malaysia, Singapore, onshore U.S. and offshore U.S. Gulf of Mexico (GoM). He became executive vice president of operations in 2020 and assumed his current position as president and COO in February 2024.
Jenkins, who currently serves on the American Petroleum Institute’s board, joined Murphy in 2001 and moved up to the roles of president, CEO and board member in 2013. During his tenure as CEO, he led the company’s business development in the GoM.
"The board is deeply appreciative of Roger's outstanding leadership during the last 11 years. He has been integral in continuing to build our company and led the development of the company's Kikeh Field, one of our largest and most profitable projects,” said Claiborne P. Deming, Murphy's board chairman.
Recommended Reading
Oil Prices Jump 4% on Reports of Iran Preparing to Attack Israel
2024-10-01 - An Israeli attack on Iranian oil production or export facilities could cause a material disruption, potentially more than a 1 MMbbl/d.
EQT Plans to Reverse Some US Natgas Production Curtailments in Oct, CEO Says
2024-09-25 - EQT, the biggest U.S. natural gas producer, has along with other U.S. drillers curtailed output in 2024 after prices collapsed to multi-year lows in the spring following a mild winter that left a tremendous oversupply of fuel in storage.
Oil Falls as Swelling US Supply Counters Middle East and Hurricane Risks
2024-10-09 - Oil fell on rising U.S. crude inventories but the risk of supply disruption from the Middle East and Hurricane Milton curbed price declines.
Kissler: How Long Will Geopolitical Unrest Support Crude Prices?
2024-10-10 - Slower global economic growth pulls prices in the opposite direction even as oil prices were up about 4% on Oct. 10 due to factors including risks to Middle East supply.
Geopolitical Tensions Complicate Oil Price Predictions
2024-10-14 - Geopolitical tensions around the world are an ongoing wildcard for oil prices in the near-term, according to BOK Financial Securities’ Dennis Kissler. U.S. producers will have to pivot off of whatever hand they are dealt.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.