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Industry | Petroleum |
---|---|
Predecessor | BP Canada |
Founded | 1 January 1993 |
Defunct | 21 December 2015 |
Fate | Acquired by Repsol |
Successor | Repsol Oil and Gas Canada |
Headquarters | Bankers Hall, |
Talisman Energy Inc. was a Canadian independent petroleum company that existed between 1993 and 2015. The company was created from the assets of BP Canada after British Petroleum divested its 57 percent stake in June 1992. It was one of Canada's largest independent oil and gas companies, and operated globally, with 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[1] in the North Sea off the coast of Scotland.
The company was acquired by Repsol in 2015[2] and in January 2016 was renamed to Repsol Oil & Gas Canada Inc.[3]
The company initially grew quickly through a number of mergers and acquisitions, which reflects in the complex history and large diversity of holdings. In the 2015 Forbes Global 2000, Talisman Energy was ranked as the 1728th -largest public company in the world.[4] 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)[5] and is a participant in the United Nations Global Compact.