Subsequent Events

12 Months Ended

Dec. 31, 2013

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Subsequent Events:

On February 10, 2014, Newfield International Holdings Inc., a wholly-owned subsidiary of the Company, closed the stock purchase agreement to sell our Malaysian business to SapuraKencana Petroleum Berhad, a Malaysian public company, for $898 million in cash (subject to customary purchase price adjustments). We expect to record a gain in the first quarter of 2014 of approximately $400 million. As of December 31, 2013, we had received 10%, or $90 million, of the purchase price in the form of a deposit, which is reflected as restricted cash on our consolidated balance sheet.