Talisman Energy Company News
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Strong Upstream Performance from European Majors
Thursday, July 28, 2016 French and Spanish oil majors Total and Repsol deliver second-quarter results that display a strong performance from their upstream operations.
PETRONAS, PetroVietnam Extend PM3CAA PSC in Malaysia-Vietnam Waters to 2027
Tuesday, May 10, 2016 PETRONAS and PetroVietnam extend PM3CAA production sharing contract in the overlapping waters between Malaysia and Vietnam for 10 years to 2027.
Repsol Significantly Scales Back Upstream Investment
Thursday, October 15, 2015 Repsol will significantly scale back its upstream investment over the next 5 years, according to its latest strategic plan.
KKB Secures EPC Deal from Talisman for Kinabalu Project Offshore Sabah
Monday, September 14, 2015 KKB Engineering secures a letter of award for the engineering, procurement and construction of a wellhead platform for the Kinabalu Redevelopment Project offshore Sabah, Malaysia.
POE Provides Prospective Resource Report for Sumatra's East Jabung PSC
Wednesday, August 05, 2015 Pan Orient Energy provides an independent prospective resource report for the Anggun Prospect in East Jabung Production Sharing Contract in South Sumatra, Indonesia.
Hibiscus Aborts Plan to Buy Talisman's Stake in JPDA 06-105 Off Timor-Leste
Tuesday, June 02, 2015 Hibiscus Petroleum terminates plan to acquire Talisman Resources, which has a 25 percent stake in the Kitan oil field in JPDA 06-105 block in the Australia-Timor Leste Joint Petroleum Development Area north east of Darwin, Australia.
Talisman Energy Norge Drills Dry Well in North Sea
Wednesday, May 20, 2015 Talisman Energy Norge comes up dry in the wildcat well 15/12-24 S in production license 672 in the North Sea.
Spain's Repsol Expects to Close Talisman Acquisition on May 8
Thursday, April 30, 2015 Spanish oil firm Repsol expects to close the acquisition of Canada's Talisman Energy on May 8.
Talisman Energy Shareholders Approve Repsol's $8.3B Offer
Wednesday, February 18, 2015 Talisman Energy common shareholders vote to approve an $8.3 billion offer for the Canadian oil and gas producer from Repsol SA.
POE Completes Sale of 50% Stake in Thailand's L53/48 Concession to Sea Lion
Tuesday, February 03, 2015 Pan Orient Energy completes sale of 50 percent stake in Concession L53/48 in Thailand to Sea Lion, while Talisman is expected to take over a 51 percent operating interest in Indonesia's East Jabung block from the firm by April.
Repsol Agrees $8.3B Takeover Offer for Talisman
Tuesday, December 16, 2014 Repsol will pay $8.3 billion to buy Canada's Talisman Energy in a deal that the Spanish firm says will transform it into one of the largest energy groups in the world.
Repsol To Discuss Bid For 100% Of Talisman
Monday, December 15, 2014 Repsol says it would discuss a takeover offer for 100% of Talisman Energy, which is also being circled by other potential bidders.
Talisman to Acquire 51% Stake in East Jabung PSC in South Sumatra
Wednesday, November 12, 2014 Talisman agrees to acquire a 51 percent stake in East Jabung production sharing contract in South Sumatra, Indonesia from Pan Orient Energy.
3Legs Sells its Last Polish Shale Gas Concessions
Wednesday, November 05, 2014 3Legs Resources sells its last shale gas concessions in Poland to Sweden's Stena Group.
Talisman Energy Profit Beats Estimates on Lower Expenses
Tuesday, November 04, 2014 Canada's Talisman Energy reports a bigger-than-expected quarterly profit as tight cost controls help offset lower oil and gas prices.
100M Barrels Produced from Varg Field
Monday, October 13, 2014 The Varg field, offshore Norway, produces its one hundredth million barrel.
Talisman Energy Progresses Development of Vietnam, Malaysia Assets
Friday, September 26, 2014 Talisman Energy is proceeding to develop its upstream assets in Vietnam and Malaysia, while progressing the Stanley project in Papua New Guinea.
Hibiscus Clears Australian FIRB's Hurdle to Take 25% Stake in Kitan Field
Friday, August 22, 2014 Hibiscus Petroleum moves nearer to completing its acquisition of a 25 percent stake in Kitan oil field after Australia's Foreign Investment Review Board raised no objections.
Talisman To Proceed With Kurdistan Sale Despite Big Oil Find
Friday, August 22, 2014 Talisman says it still plans to sell its oil properties in Iraq's Kurdistan region, even after its partner announced a massive oil discovery on its properties.
Talisman Energy: Readying Iraqi Kurdistan Assets For Sale
Tuesday, August 12, 2014 Talisman says it still plans to sell all or a portion of its exploration properties in Iraq's Kurdistan region despite conflict in the area.
Talisman Steers Clear Of Repsol Comment, Posts 2Q Loss
Tuesday, July 29, 2014 Talisman Energy reported a surprise loss, hurt by lower gas prices in North America and higher royalty payments on production.
Talisman Says Approached By Spain's Repsol About Deal
Wednesday, July 23, 2014 Talisman says it has been approached by Repsol, a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company.
Hibiscus Acquires Talisman's 25% Stake in Kitan Oil Field in JPDA 06-105
Tuesday, June 24, 2014 Hibiscus Petroleum acquires Talisman's 25 percent stake in Kitan oil field in the Bonaparte Basin in the Australia-Timor Leste Joint Petroleum Development Area.
Sources: Talisman Reviewing Asian Oil and Gas Assets for Possible Sale
Friday, June 13, 2014 Talisman Energy is reviewing its Asian oil and gas portfolio, valued at about $4 billion, which could lead to a partial or full sale, people familiar with the matter say.
Indonesia's Pertamina In Talks Over Talisman's Duvernay Assets
Wednesday, June 11, 2014 Pertamina is in talks with Talisman Energy about a potential partnership in Alberta's Duvernay shale play, Pertamina chairman Dr Sugiharto says.
Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014 Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.
France's Total Calls Time on Polish Shale License
Monday, April 14, 2014 France's Total chooses not to renew its only shale gas exploration license in Poland, according to a company spokesman.
Talisman Releases Ocean General After Drilling CD-1X Well off Vietnam
Tuesday, March 18, 2014 Pan Pacific Petroleum reports that the Ocean General semisub has been released from drilling operations at CD-1X exploration well in Block 07/03 off Vietnam's Nam Con Song Basin.
Talisman Energy Completes $1.3B Montney Transaction
Wednesday, March 12, 2014 Talisman Energy completes the sale of acreage in northeast British Columbia.
Talisman Sinopec Deal Secures 550 Jobs at Wood Group
Tuesday, February 25, 2014 A five-year deal to supply engineering and modification services to Talisman Sinopec Energy UK's North Sea assets secures approximately 550 onshore and offshore jobs at Wood Group.
Polish PM Sees Approval of New Shale Gas Law within Two Weeks
Wednesday, February 05, 2014 Polish Prime Minister Donald Tusk says his government would approve new investor-friendly laws within two weeks aimed at cutting red tape and regulatory hurdles that have dented the country's push to develop shale gas resources.
Talisman Sinopec Closes North Sea Platform Ahead of Storm
Wednesday, December 04, 2013 Talisman Sinopec closes Buchan Alpha platform in the North Sea ahead of an approaching winter storm.
Talisman Sells 75% of its Montney Acreage in British Columbia to Progress
Friday, November 08, 2013 Canada's Talisman Energy sells 75 percent of its Montney acreage in northeast British Columbia to Progress Energy Canada.
Canada's Talisman Energy Posts Smaller Quarterly Loss
Wednesday, November 06, 2013 Canada's Talisman Energy reports a smaller quarterly net loss amid lower North American gas prices and hedging losses.
Talisman Energy Says Has No Immediate Plans To Split In Two
Wednesday, November 06, 2013 Talisman says it has no immediate plans to split itself in two despite pressure from activist shareholders looking to boost returns from the restructuring Canadian oil company.
BP Appoints New Head of Exploration
Friday, October 18, 2013 BP appoints former TNK-BP executive as its new head of exploration.
Omega Opens New Houston Center
Friday, June 21, 2013 Omega Well Monitoring opens a new repair and calibration center in Houston as part of a company-wide investment to support growth in the Americas.
Lundin Commences Drilling at Brynhild Development Well
Monday, June 17, 2013 Lundin begins its four-well development campaign on the Brynhild field in the North Sea.
Osaka Gas Buys PNG Gas Fields
Thursday, May 23, 2013 Osaka Gas buys stakes in natural gas assets in Papua New Guinea from Horizon Oil.
Talisman Brings HST, HSD Development Online
Monday, May 20, 2013 Eighteen months after receiving project sanction, Talisman Energy brings the HST, HSD project online.
Talisman Energy Swings to 1st-Quarter Loss
Wednesday, May 01, 2013 Talisman swings to a first-quarter loss, missing analyst expectations, hurt by lower production following the sale of UK North Sea assets late last year.
Talisman May Exit Polish Shale Business
Wednesday, March 13, 2013 Talisman Energy may exit its shale gas concessions in Poland as the company focuses on exploration prospects elsewhere in 2013.
Talisman Scraps Yme Project after SBM deal
Tuesday, March 12, 2013 Yme platform to be decommissioned and scrapped after Talisman and SBM reach agreement.
Talisman Energy Sets 2013 Capital Budget at $3B
Wednesday, March 06, 2013 Talisman Energy has cut its 2013 capital budget by 25% from year-ago levels.
Faroe Snaps Up Stakes in Norwegian, UK Assets
Thursday, February 28, 2013 Faroe Petroleum says it has taken a 25-percent stake in the Pil prospect, offshore Norway, and acquired a 50-percent interest in the Lowlander discovery in the UK North Sea.
Subsea 7 Wins Talisman Pipeline Contract
Wednesday, February 27, 2013 Subsea 7 wins a $285 million contract that will see it deliver two three-mile pipeline bundles that will tie back the Cayley field to the Montrose project on the UK Continental Shelf.
Bouchard: Dithering Discourages Oil, Gas Investors
Monday, February 18, 2013 Lucien Bouchard says dithering over the development of oil and gas reserves in the province might put off investors.
Talisman Prepares for Job Cuts as Canada's Oil Patch Struggles
Friday, January 25, 2013 Talisman Energy is preparing to cut its workforce as it works to substantially reduce office costs amid a broader push toward better profitability.
Aker Secures 5-Year UK Brownfield Deal with Talisman Sinopec
Monday, January 14, 2013 Aker Solutions secures a five-tear frame agreement for the execution of contracts on all of Talisman Sinopec Energy UK's brownfield projects.
Lundin Increases Ownership in Offshore Brynhild Field
Thursday, December 27, 2012 Lundin Petroleum completes an agreement with Talisman, which sees the former company acquire 20% interest in the Brynhild field, offshore Norway.