Texan oil firm strikes light crude off Côte d’Ivoire as it bets big on Africa

Murphy Oil’s find at the Bubale-1X well caps an expansion spanning Morocco and Cameroon – but a $1bn debt pile raises questions over its staying power.

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Jun 26, 2026 - 09:52
Texan oil firm strikes light crude off Côte d’Ivoire as it bets big on Africa
Murphy Oil’s find at the Bubale-1X well caps an expansion spanning Morocco and Cameroon – but a $1bn debt pile raises questions over its staying power.
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