What happened Talisman Energy?
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.
Who bought out talisman?
Repsol
Spanish oil and gas company Repsol has agreed a deal with Canada’s Talisman Energy to acquire 100 percent of the Canadian company’s shares for US$8.3bn (€6.64bn), as well as assumed debt of US$4.7bn.
When did Repsol take over Talisman?
2015
Repsol, a Spanish energy giant, announced a $15-billion acquisition offer for Talisman in late 2014 that was completed in 2015. Talisman had about 1,300 workers last March, prior to the acquisition being finalized, when it announced its own round of cuts totalling 150 to 200 jobs.
When did talisman leave Sudan?
In 2003, Talisman Energy divested the Sudan interest acquired through the Arakis acquisition, selling its complete 25% stake to Indian company ONGC Videsh.
Is Repsol a private company?
Following Spain’s accession in 1986 to the European Economic Community (a predecessor of the European Union), the state was obliged to deregulate the oil sector. The process of privatizing Repsol started in 1989 and lasted eight years, culminating with all the shares of the company being held in private hands.
Is Repsol a Spanish company?
Repsol’s corporate headquarters are located in Madrid, Spain. We are present in 37 countries, with more than 25,000 employees worldwide. Repsol is a multienergy company that is present throughout the value chain.
What is Talisman Malaysia Ltd?
Talisman Malaysia Ltd Talisman Malaysia Limited was founded in 2004. Was a Canadian multinational oil and gas exploration and production company headquartered in Calgary AlbertaIt was one of Canadas largest independent oil and gas companies. Talisman Malaysia Bunga Raya.
What is Talisman Energy Inc known for?
Talisman Energy, Inc. engages in the business of exploration, development, production and marketing of crude oil, natural gas and natural gas liquids. The company activities are conducted in four geographic segments: North America, the North Sea, Southeast Asia and Other.
What happened to Talisman Energy in 2001?
2001: Talisman acquires Petromet Resources Limited for C$823 million and Lundin Oil AB for C$504.8 million; the company announces major oil discoveries in Trinidad. Talisman Energy Inc. is Canada’s largest independent oil and gas exploration and production company. Proven reserves stood at 1.2 billion barrels of oil equivalent at the end of 2000.
What is the North Sea segment of Talisman Energy?
North Sea segment includes operations and exploration activities in the UK and Norway. The company also has non-operated production in Algeria, operations and exploration activities in Colombia, and exploration activities in Sierra Leone and the Kurdistan Region of Iraq. Talisman Energy was founded in 1992 and is headquartered in Calgary, Canada.