Talisman Energy Company News

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Strong Upstream Performance from European Majors
French and Spanish oil majors Total and Repsol deliver second-quarter results that display a strong performance from their upstream operations.
8:00 PM EST | July 27, 2016
PETRONAS, PetroVietnam Extend PM3CAA PSC in Malaysia-Vietnam Waters to 2027
PETRONAS and PetroVietnam extend PM3CAA production sharing contract in the overlapping waters between Malaysia and Vietnam for 10 years to 2027.
8:00 PM EST | May 09, 2016
Repsol Significantly Scales Back Upstream Investment
Repsol will significantly scale back its upstream investment over the next 5 years, according to its latest strategic plan.
8:00 PM EST | October 14, 2015
KKB Secures EPC Deal from Talisman for Kinabalu Project Offshore Sabah
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.
8:00 PM EST | September 13, 2015
POE Provides Prospective Resource Report for Sumatra's East Jabung PSC
Pan Orient Energy provides an independent prospective resource report for the Anggun Prospect in East Jabung Production Sharing Contract in South Sumatra, Indonesia.
8:00 PM EST | August 04, 2015
Hibiscus Aborts Plan to Buy Talisman's Stake in JPDA 06-105 Off Timor-Leste
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.
8:00 PM EST | June 01, 2015
Talisman Energy Norge Drills Dry Well in North Sea
Talisman Energy Norge comes up dry in the wildcat well 15/12-24 S in production license 672 in the North Sea.
8:00 PM EST | May 19, 2015
Spain's Repsol Expects to Close Talisman Acquisition on May 8
Spanish oil firm Repsol expects to close the acquisition of Canada's Talisman Energy on May 8.
8:00 PM EST | April 29, 2015
Talisman Energy Shareholders Approve Repsol's $8.3B Offer
Talisman Energy common shareholders vote to approve an $8.3 billion offer for the Canadian oil and gas producer from Repsol SA.
7:00 PM EST | February 17, 2015
POE Completes Sale of 50% Stake in Thailand's L53/48 Concession to Sea Lion
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.
7:00 PM EST | February 02, 2015
Repsol Agrees $8.3B Takeover Offer for Talisman
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.
7:00 PM EST | December 15, 2014
Repsol To Discuss Bid For 100% Of Talisman
Repsol says it would discuss a takeover offer for 100% of Talisman Energy, which is also being circled by other potential bidders.
7:00 PM EST | December 14, 2014
Talisman to Acquire 51% Stake in East Jabung PSC in South Sumatra
Talisman agrees to acquire a 51 percent stake in East Jabung production sharing contract in South Sumatra, Indonesia from Pan Orient Energy.
7:00 PM EST | November 11, 2014
3Legs Sells its Last Polish Shale Gas Concessions
3Legs Resources sells its last shale gas concessions in Poland to Sweden's Stena Group.
7:00 PM EST | November 04, 2014
Talisman Energy Profit Beats Estimates on Lower Expenses
Canada's Talisman Energy reports a bigger-than-expected quarterly profit as tight cost controls help offset lower oil and gas prices.
7:00 PM EST | November 03, 2014
100M Barrels Produced from Varg Field
The Varg field, offshore Norway, produces its one hundredth million barrel.
8:00 PM EST | October 12, 2014
Talisman Energy Progresses Development of Vietnam, Malaysia Assets
Talisman Energy is proceeding to develop its upstream assets in Vietnam and Malaysia, while progressing the Stanley project in Papua New Guinea.
8:00 PM EST | September 25, 2014
Hibiscus Clears Australian FIRB's Hurdle to Take 25% Stake in Kitan Field
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.
8:00 PM EST | August 21, 2014
Talisman To Proceed With Kurdistan Sale Despite Big Oil Find
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.
8:00 PM EST | August 21, 2014
Talisman Energy: Readying Iraqi Kurdistan Assets For Sale
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.
8:00 PM EST | August 11, 2014
Talisman Steers Clear Of Repsol Comment, Posts 2Q Loss
Talisman Energy reported a surprise loss, hurt by lower gas prices in North America and higher royalty payments on production.
8:00 PM EST | July 28, 2014
Talisman Says Approached By Spain's Repsol About Deal
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.
8:00 PM EST | July 22, 2014
Hibiscus Acquires Talisman's 25% Stake in Kitan Oil Field in JPDA 06-105
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.
8:00 PM EST | June 23, 2014
Sources: Talisman Reviewing Asian Oil and Gas Assets for Possible Sale
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.
8:00 PM EST | June 12, 2014
Indonesia's Pertamina In Talks Over Talisman's Duvernay Assets
Pertamina is in talks with Talisman Energy about a potential partnership in Alberta's Duvernay shale play, Pertamina chairman Dr Sugiharto says.
8:00 PM EST | June 10, 2014
Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.
8:00 PM EST | April 13, 2014
France's Total Calls Time on Polish Shale License
France's Total chooses not to renew its only shale gas exploration license in Poland, according to a company spokesman.
8:00 PM EST | April 13, 2014
Talisman Releases Ocean General After Drilling CD-1X Well off Vietnam
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.
8:00 PM EST | March 17, 2014
Talisman Energy Completes $1.3B Montney Transaction
Talisman Energy completes the sale of acreage in northeast British Columbia.
8:00 PM EST | March 11, 2014
Talisman Sinopec Deal Secures 550 Jobs at Wood Group
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.
7:00 PM EST | February 24, 2014
Polish PM Sees Approval of New Shale Gas Law within Two Weeks
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.
7:00 PM EST | February 04, 2014
Talisman Sinopec Closes North Sea Platform Ahead of Storm
Talisman Sinopec closes Buchan Alpha platform in the North Sea ahead of an approaching winter storm.
7:00 PM EST | December 03, 2013
Talisman Sells 75% of its Montney Acreage in British Columbia to Progress
Canada's Talisman Energy sells 75 percent of its Montney acreage in northeast British Columbia to Progress Energy Canada.
7:00 PM EST | November 07, 2013
Canada's Talisman Energy Posts Smaller Quarterly Loss
Canada's Talisman Energy reports a smaller quarterly net loss amid lower North American gas prices and hedging losses.
7:00 PM EST | November 05, 2013
Talisman Energy Says Has No Immediate Plans To Split In Two
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.
7:00 PM EST | November 05, 2013
BP Appoints New Head of Exploration
BP appoints former TNK-BP executive as its new head of exploration.
8:00 PM EST | October 17, 2013
Omega Opens New Houston Center
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.
8:00 PM EST | June 20, 2013
Lundin Commences Drilling at Brynhild Development Well
Lundin begins its four-well development campaign on the Brynhild field in the North Sea.
8:00 PM EST | June 16, 2013
Osaka Gas Buys PNG Gas Fields
Osaka Gas buys stakes in natural gas assets in Papua New Guinea from Horizon Oil.
8:00 PM EST | May 22, 2013
Talisman Brings HST, HSD Development Online
Eighteen months after receiving project sanction, Talisman Energy brings the HST, HSD project online.
8:00 PM EST | May 19, 2013
Talisman Energy Swings to 1st-Quarter Loss
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.
8:00 PM EST | April 30, 2013
Talisman May Exit Polish Shale Business
Talisman Energy may exit its shale gas concessions in Poland as the company focuses on exploration prospects elsewhere in 2013.
8:00 PM EST | March 12, 2013
Talisman Scraps Yme Project after SBM deal
Yme platform to be decommissioned and scrapped after Talisman and SBM reach agreement.
8:00 PM EST | March 11, 2013
Talisman Energy Sets 2013 Capital Budget at $3B
Talisman Energy has cut its 2013 capital budget by 25% from year-ago levels.
7:00 PM EST | March 05, 2013
Faroe Snaps Up Stakes in Norwegian, UK Assets
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.
7:00 PM EST | February 27, 2013
Subsea 7 Wins Talisman Pipeline Contract
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.
7:00 PM EST | February 26, 2013
Bouchard: Dithering Discourages Oil, Gas Investors
Lucien Bouchard says dithering over the development of oil and gas reserves in the province might put off investors.
7:00 PM EST | February 17, 2013
Talisman Prepares for Job Cuts as Canada's Oil Patch Struggles
Talisman Energy is preparing to cut its workforce as it works to substantially reduce office costs amid a broader push toward better profitability.
7:00 PM EST | January 24, 2013
Aker Secures 5-Year UK Brownfield Deal with Talisman Sinopec
Aker Solutions secures a five-tear frame agreement for the execution of contracts on all of Talisman Sinopec Energy UK's brownfield projects.
7:00 PM EST | January 13, 2013
Lundin Increases Ownership in Offshore Brynhild Field
Lundin Petroleum completes an agreement with Talisman, which sees the former company acquire 20% interest in the Brynhild field, offshore Norway.
7:00 PM EST | December 26, 2012