Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 bbls/day once the facilities are fully commissioned. “We are delighted to have achieved first oil ahead of schedule and under budget,” said Paul Blakeley, EVP Asia-Pacific. “This [...]
Canada’s oil and gas exploration an production company Talisman Energy has kicked off drilling at the Frode prospect in the Norwegian sector of the North Sea. The well, which is situated in the production licence 299, approximately 16 km south-east of the Gyda field, was spudded on Friday, as announced by North Energy which owns a [...]
Talisman Energy Inc. has announced the appointment of Paul R. Smith as Chief Financial Officer (CFO), effective May 20, 2013. Paul is currently Executive Vice-President, North America, within Talisman. Scott Thomson, Talisman’s current CFO, is leaving the company to become President and Chief Executive Officer (CEO) of Finning International, the world’s largest Caterpillar equipment dealer [...]
Talisman Energy Norge AS (Talisman) has received consent to drill exploration well 2/1-16 S with the Mærsk Giant jack-up rig. Talisman is the operator of production licence 299 in block 2/1 in the North Sea off Norway. The consent relates to drilling of exploration well 2/1-16 S in a prospect called Frode. The rig was [...]
The Norwegian Petroleum Directorate has granted Talisman Energy Norge AS a drilling permit for well 2/1-16 S, in the Norwegian part of the North Sea. Well 2/1-16 S will be drilled from the Mærsk Giant jack-up rig, at position 56°51’1.72’’ north and 3°18’52.69” east. The drilling programme for well 2/1-16 S relates to drilling of [...]
Prosafe has been awarded a contract from Talisman Sinopec Energy UK Limited for the provision of the Regalia accommodation vessel at the Montrose Platform in the UK Continental Shelf in the North Sea. The contract has been awarded following a competitive tendering process and is for a firm period of 450 days with on-site operations [...]
SBM Offshore and Talisman Energy Norge AS (Talisman), have reached a decision to terminate the YME MOPUstor project in the Norwegian North Sea, including scrapping the existing above surface structure, and ending all joint activity for an agreed cost. Following an extended period of operational and execution delays, the decision has been taken to remove [...]
Canada’s Talisman Energy today announced it will slash its capital expenditure for 2013 by 25% compared to 2012. The capital budget for this year has been set at $3 billion. “The objective of our 2013 capital and operating plan is to increase total shareholder returns by unlocking net asset value and growing cash flow per [...]
Subsea 7 S.A. today announced the award of a contract from Talisman Sinopec Energy UK Limited to install two 5 kilometre pipeline bundles in the UK North Sea. The contract, valued at US$285 million is for the provision of subsea construction services in support of Talisman Sinopec Energy UK’s Montrose Area Redevelopment Project. The contract [...]
Island Offshore, a Norwegian owner of offshore support vessels, announced that it has secured a contract for its platform supply vessel, the MV Island Challenger. Island Challenger will complete her present charter with Statoil Petroleum AS in September 2013, where she has been a part of Statoil’s PSV pool since she delivered from the yard [...]