Search results for: Talisman

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  • 9 December 2014
    Business & Finance

    Spanish oil company Repsol is in talks to buy Canada’s Talisman Energy, Bloomberg has reported. According to Bloomberg, which quoted people with knowledge of the matter, Repsol is interested in either to acquire some of Talisman’s assets or to takeover the whole company. As a response to media speculation, Talisman has issued a statement confirming […]

  • 15 November 2011
    Business & Finance

    Wood Group PSN,an international energy services company, has been awarded a new five-year contract, with an option to extend for a further five years, from Talisman Energy (UK) Limited, a subsidiary of Talisman Energy Inc, to provide Operations and Maintenance Services on all 11 of Talisman’s UK offshore assets and at the Flotta Oil Terminal […]

  • 18 December 2012
    Business & Finance

    Talisman Energy Inc. today announced the completion of its joint venture transaction with Addax Petroleum UK Limited (APUK), an indirect wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group) following receipt of government and regulatory approval. “We are very pleased to be partnering with Sinopec in the UK North Sea,” said Hal Kvisle, President and CEO […]

  • 29 May 2012
    Business & Finance

    Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, has formally awarded Talisman Malaysia Limited  and PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali) a new production sharing contract (PSC) for the continuing production, further development and improved recovery of crude oil from the Kinabalu oil fields, which comprise the Kinabalu Main, Kinabalu East and Kinabalu […]

  • 15 November 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Wood Group PSN has been awarded a new five-year contract, with an option to extend for a further five years, from Talisman Energy (UK) Limited, a subsidiary of Talisman Energy Inc, to provide Operations and Maintenance Services on all 11 of Talisman’s UK offshore assets and at the Flotta Oil Terminal on Orkney. The contract […]

  • 4 January 2016

    Canadian oil company Talisman Energy now has a new name – Repsol Oil & Gas Canada. The new name, effective January 1, 2016, reflects the change in the ownership structure of Talisman, as the company was bought in May 2015 by Repsol, the Spanish oil and gas giant, for $8.3 billion. Talisman’s Canadian partnerships have […]

  • 14 November 2013
    Project & Tenders

    Progress Energy Canada, a subsidiary of PETRONAS has reached an agreement to acquire an interest in two partnerships from Talisman Energy. The acquisition includes about 127,000 net acres of Montney lands and production, as of October 1, 2013, of approximately 11,000 barrels of oil equivalent per day, which is expected to increase in the fourth […]

  • 4 July 2016
    Business & Finance

    Talisman Sinopec Energy UK (TSEUK), an oil and gas company operating offshore oil fields in the UK North Sea, has officially been renamed to Repsol Sinopec Resources UK. Talisman Sinopec Energy UK announced the name change on Monday and the company noted that there is no change to the legal entity of the company registry […]

  • 16 December 2014
    Business & Finance

    Canada’s Talisman Energy Inc. has entered into a definitive agreement with Repsol S.A. under which Repsol will acquire 100% of the shares of the Canadian company for US$8.3 billion (EU6.64 billion), plus assumed debt of US$4.7 billion. Talisman recently issued a statement confirming it was approached by Repsol, however at that time Talisman said that there was no […]

  • 4 July 2012
    Business & Finance

    Viking Supply Ships has received a six-month contract extension with Talisman Energy (UK) for the SBS Tempest platform supply vessel. The primary function of the vessel is to transport supplies to and from offshore oil platforms. The new charter extension will mean that the vessel will continue to operate from Talisman’s logistics base in Peterhead, Scotland.  […]

  • 16 December 2014
    Project & Tenders

    Repsol has agreed to acquire all outstanding common shares of Talisman Energy with a total transaction valued at approximately US$13 billion.

  • 21 June 2016

    Spanish oil company Repsol bought the Canadian energy company Talisman in 2015 for $8.3 billion, plus assumed debt of $4.7 billion. Given that Talisman had offshore oil and gas assets in Norway, the Norwegian authorities have performed an audit of the integration process between Spanish oil giant’s subsidiary, Repsol Exploration Norge and Talisman subsidiary, Talisman Energy Norge. The […]

  • 10 September 2012
    Business & Finance

    Talisman Energy Inc. announced today that John A. Manzoni, President and Chief Executive Officer, has agreed to step down, effective immediately. Hal Kvisle, former President and Chief Executive Officer of TransCanada Corporation and current director of Talisman Energy, is appointed President and Chief Executive Officer. “John has made a significant contribution to Talisman since he […]

  • 2 December 2013

    Talisman Energy Inc. today announced that the company has entered into an agreement with Carl C. Icahn and his affiliates. As part of this agreement, Samuel Merksamer and Jonathan Christodoro will join the Company’s Board of Directors in December 2013. “I would like to welcome Samuel and Jonathan to our Board and look forward to […]

  • 2 July 2012

    After participating in Sasol Canada’s feasibility study for a GTL facility, Talisman Energy has decided not to proceed with the next phase of the project. “After careful consideration, we have concluded that there are better ways to allocate capital in support of our strategy,” said John A. Manzoni, President and Chief Executive Officer. “Talisman’s immediate […]

  • 20 December 2010
    Project & Tenders

    Talisman Energy Inc. today announced it has reached agreement to create a strategic partnership with Sasol Limited to develop the Farrell Creek assets in Talisman’s Montney shale play in northeastern British Columbia. Talisman will sell a 50% working interest in its Farrell Creek assets to Sasol for a total consideration of C$ 1,050 million. “This […]

  • 23 February 2015

    Canadian oil company Talisman Energy Inc. has said today that the Court of Queen’s Bench of Alberta granted a final order approving the proposed arrangement under Spain’s Repsol S.A. will take over Talisman. The arrangement was approved by Talisman shareholders at a special meeting of shareholders held on February 18, 2015. Talisman has also confirmed that the holders of […]

  • 8 May 2013

    Talisman Energy Poland B.V. has reached an agreement to transfer its interests in Poland to its partner San Leon Energy. San Leon will acquire 100% of the shares of Talisman Energy Polska Sp. z o.o. (100% held by Talisman Energy Poland B.V.), including all assets and drilling equipment. The deal enables Talisman to exit the […]

  • 13 March 2014

    Progress Energy Canada, a subsidiary of Malaysia’s Petronas, has closed an agreement to acquire assets in northeast British Columbia from Talisman Energy. In a second transaction, Progress Energy has also acquired Montney lands in the Julienne area of northeast British Columbia. “These two acquisitions continue to build upon our natural gas resource base in the […]

  • 8 March 2011
    Project & Tenders

      Talisman Energy Inc. has announced it is deepening its strategic relationship with Sasol Limited (Sasol) in the Montney shale play, to include the sale of a 50% net working interest in its Cypress A assets, for a total consideration of C$1,050 million. Talisman will operate and manage the Cypress A and Farrell Creek areas […]

  • 7 July 2008

    Odfjell Drilling has won a two year extension to its existing drilling and maintenance contract for work on Talisman Energy’s North Sea platforms. The contract extension also includes the provision for a further two year option, potentially extending until November 2012. Odfjell CEO Ketil Lenning said: “I am delighted to confirm that our partnership with […]

  • 8 April 2010

    Talisman Energy has received a consent to drill an exploration well in the North Sea. The Petroleum Safety Authority (PSA) Norway has approved Talisman’s latest exploration drilling in the southern North Sea with Transocean Winner. The company will spud exploration well 15/12-23 later this month. The drilling on licence 038D is expected to take 125 […]