Talisman Energy
 |
|
| Subsidiary | |
| Industry | Oil and gas industry |
| Fate | Acquired |
| Predecessor | BP Canada |
| Defunct | 2015 |
| Headquarters | Calgary, Alberta, Canada |
|
Key people
|
Harold Kvisle (CEO), Scott Thomson, CFO |
| Products |
Petroleum Natural gas |
| Revenue |
 C$7,528,000,000 (2009) |
| Total assets | US$24.2 billion (2010) |
| Owner | Repsol (100%) |
|
Number of employees
|
2,820 (2009) |
| Parent | Repsol |
| Website | www |
Talisman Energy Inc. was a Canadian multinational oil and gas exploration and production company headquartered in Calgary, Alberta. It was one of Canada's largest independent oil and gas companies, and was formerly known as BP Canada Ltd. Prior to the renaming, British Petroleum (now, BP) sold off its 57% stake in the company to the public.
The company was acquired by Repsol in 2015 and in January 2016 was renamed to Repsol Oil & Gas Canada Inc.
It operated globally, will operations in Canada (B.C., Alberta, Ontario, Saskatchewan, Quebec) and the United States of America (Pennsylvania, New York, Texas ) in North America; Colombia, South America; Algeria in North Africa; United Kingdom and Norway in Europe; Indonesia, Malaysia, Vietnam, Papua New Guinea, East Timor and Australia in the Far East; and Kurdistan in the Middle East. Talisman Energy has also built the offshore Beatrice Wind Farm in the North Sea off the coast of Scotland.
The company initially grew quickly through a number of mergers and acquisitions, which reflects in the complex history and large diversity of holdings. Talisman was the first Canadian company to join the Voluntary Principles on Security and Human Rights Plenary Group (Voluntary Principles on Security and Human Rights) and is a participant in the United Nations Global Compact.
The origins of Talisman energy traces to the Supertest Petroleum Corporation, which was founded in 1923 and headquartered in London, Ontario.
In 1953, British Petroleum Company (BP) entered the Canadian market through the purchase of a minority stake in Calgary-based Triad Oil Company. In the early 1950s, the power struggle between oil companies and host governments in Middle East started, which hampered operations of British Petroleum in the region, and prompted it to diversify its operations beyond the heavily Middle East dependent oil production. The Canadian holding company of British Petroleum was renamed BP Canada in 1969; and in 1971, it acquired 97.8% stake of Supertest.
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Wikipedia