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EXHIBIT 21.1

MURPHY OIL CORPORATION
SUBSIDIARIES OF THE REGISTRANT AS OF DECEMBER 31, 2025
Name of CompanyState or Other Jurisdiction of IncorporationPercentage of Voting Securities Owned by Immediate Parent
Murphy Oil Corporation (REGISTRANT)
A.
 Arkansas Oil CompanyDelaware100.00 
B.
 Caledonia Land CompanyDelaware100.00 
C.
El Dorado Engineering Inc.
Delaware100.00 
a.
 El Dorado ContractorsDelaware100.00 
b.
El Dorado Exploracion y Produccion, S. de. R.L. de C.V.
(see company F.b.ii.1. below)
Mexico10.00 
D.
Marine Land Company
Delaware100.00 
E.
Murphy Eastern Oil Company
Delaware100.00 
F.
Murphy Exploration & Production Company
Delaware100.00 
a.
Murphy Building Corporation
Delaware100.00 
b.
Murphy Exploration & Production Company - International
Delaware100.00 
i.
Canam Offshore LLC
Delaware
100.00 
1.
Canam Brunei Oil Ltd.
Bahamas100.00 
2.
Canam Offshore Limited
Bahamas100.00 
3.
Murphy Peninsular Malaysia Oil Co., Ltd.
Bahamas100.00 
4.
Murphy Cuu Long Tay Oil Co., Ltd.
Bahamas100.00 
a.Murphy Netherlands Holdings B.V.
Murphy Netherlands Holdings B.V.
Netherlands
100.00 
i.Murphy Sur, S. de R. L. de C.V. (see company F.b.i.4.a.ii.1. below)
Mexico0.01 
ii. Murphy Netherlands Holdings II B.V.
Netherlands100.00 
1.Murphy Sur, S. de R. L. de C.V.
Mexico99.99 
ii.
El Dorado Exploration, S.A.
Delaware100.00 
1.
El Dorado Exploracion y Produccion, S. de. R.L. de C.V.
Mexico90.00 
iii.
Murphy Asia Oil Co., Ltd.
Bahamas100.00 
iv.

Murphy Brasil Exploracao e Producao de Petroleo e Gas Ltda. (see company F.b.xix.1. below)
Brazil90.00 
v.
Murphy CI-102 Oil Co., Ltd.
Bahamas100.00 
vi.
Murphy CI-103 Oil Co., Ltd.
Bahamas100.00 
vii.
Murphy CI-502 Oil Co., Ltd.
Bahamas100.00 
viii.
Murphy CI-531 Oil Co., Ltd.
Bahamas100.00 
ix.
Murphy CI-709 Oil Co., Ltd.
Bahamas100.00 
x.
Murphy CI-807 Oil Co., Ltd.
Bahamas100.00 
xi.
Murphy Cuu Long Bac Oil Co., Ltd.
Bahamas100.00 
xii.
Murphy Dai Nam Oil Co., Ltd.
Bahamas100.00 
xiii.
Murphy Equatorial Guinea Oil Co., Ltd.
Bahamas100.00 
xiv.
Murphy Exploration Holdings, LLC
Delaware100.00 
1.
Murphy Australia Oil Pty. Ltd.
Western Australia100.00 
a.Murphy Australia AC/P 36 Oil Pty. Limited
Western Australia100.00 
2.
Murphy Australia AC/P 58 Oil Pty. Ltd.
Western Australia100.00 
3.
Murphy Australia WA-481-P Oil Pty. Ltd.
Western Australia100.00 


EXHIBIT 21.1
Name of CompanyState or Other Jurisdiction of IncorporationPercentage of Voting Securities Owned by Immediate Parent
xv.
Murphy Luderitz Oil Co., Ltd.
Bahamas100.00 
xvi.
Murphy Morocco Oil Co., Ltd.
Bahamas100.00 
xvii.
Murphy Nha Trang Oil Co., Ltd.
Bahamas100.00 
xviii.
Murphy Offshore Oil Co. Ltd.
Bahamas100.00 
xix.
Murphy Overseas Ventures Inc.
Delaware100.00 
1.
Murphy Brasil Exploracao e Producao de Petroleo e Gas Ltda.
Brazil10.00 
xx.
Murphy Phuong Nam Oil Co., Ltd.
Bahamas100.00 
xxi.
Murphy-Spain Oil Company
Delaware100.00 
xxii.
Murphy West Africa, Ltd.
Bahamas100.00 
xxiii.
Murphy Worldwide, Inc.
Delaware100.00 
c.
Murphy Exploration & Production Company - USA
Delaware100.00 
i.
MP Gulf of Mexico, LLC
Delaware80.00 
ii.
Medusa Spar LLC
Delaware40.00 
G.
Murphy Oil Company Ltd.
Canada100.00 
H.
New Murphy Oil (UK) Corporation
Delaware100.00 
a.
Murphy Petroleum Limited
England100.00 
i.
Murco Petroleum Limited
England100.00