Construction process to span three years.
Murphy Oil Corp.’s wholly-owned subsidiary, Murphy Oil USA Inc., has entered into an agreement with Wal-Mart Stores Inc. to provide access to more than 200 new locations within its core market area, covering the Midwest and Southeastern U.S.
Under the terms of the agreement, Murphy USA will have the opportunity to build more than 200 new fuel stations at existing Walmart supercenters. The construction program is expected to be completed over the next three years.
“This agreement represents a significant step forward in our long-term relationship with Wal-Mart as we pursue our business plan to separate the U.S. retail business into a stand-alone entity,” said Steven Cossé, Murphy Oil Corp.’s president and CEO.