Offshore logo
Saving on decommissioning
Posted 01.08.2012 12:02:48 av John Bradbury
Vis RSS feed
Send nyhet til en venn
Talisman Energy chief John Manzoni has admitted that a US $1.5 bn deal with Sinopec selling half the company's UK North Sea assets will cut decommissioning liabilities.

More money will become available to enhance operations, and extend field lives, Manzoni has promised.

“With our recent UK North Sea transaction, we continue to focus and strengthen our portfolio while maintaining a strong balance sheet to weather current low natural gas prices in North America,” Manzoni declared as Talisman published second quarter and half year results.

“The new joint venture will spend more on a gross basis to improve operating efficiency and extend the life of these fields. The deal will reduce Talisman’s decommissioning liability in the UK, decrease future capital commitments and brings forward significant cash,” Manzoni stated. “We plan to use approximately $500 million of the proceeds to repurchase Talisman shares.”

Talisman disclosed on 25 July it was selling 49% of its UK North Sea assets to China's Sinopec for US $1.5 billion, and this major deal includes half shares in Talisman's Northern and Central Business Areas.
Advertisement
Latest news

Asset integrity expertise bought

British-based engineering expertise has been bought up by Norway's Aker Solutions to boost its integrity analysis for oil and gas assets.

[Les mer ] Company news

Sound signals big Italian gas

London-listed Sound Oil has logged a big new gas find in Italy.

[Les mer ] Exploration

Aker anchors new accommodation unit

A new offshore accommodation unit under construction in China is to be fitted with a mooring system supplied from Norway.

[Les mer ] Contracts

Big gas at Bianchi 1

Austria's OMV has reported a major new gas find while drilling offshore Australia following on from its earlier Zola discovery.

[Les mer ] Exploration

New drilling near Johan Castberg

Swedish explorer Lundin Petroleum has kicked off a new exploration well in the Norwegian sector of the Barents Sea.

[Les mer ] Exploration

Irish data acquisition underway

Seismic data acquisition has kicked off on a newly allocated Irish Frontier Exploration Licence.

[Les mer ] Exploration

Profilerte stillingerAlle stillinger »
Profilerte selskapFra OffshoreX.no
KVALE ADVOKATFIRMA DA Logo

KVALE ADVOKATFIRMA DA

Kvale is a top tier business law firm and has shown consistent organic growth since the establishment in 1988. The firm advises on all aspects of business law. Oil and gas has throughout the firm's history been a vital part of our activities. We advise major oil companies and other participants in the petroleum sector, and are recognized for our excellent understanding of the oil and gas business.

Se profil | offshorex.no
Victor A/S Logo

Victor A/S

Victor A/S leverer services og løsninger til markederne energi, offshore og marine. Vi producerer og leverer EPCM løsninger i komplekse rørsystemer i alle metaller, plastik og fiberglas, tryksatte/ikke-tryksatte tanke, konstruktion af procesmoduler og konstruktion af køleløsninger til ethvert formål.

Se profil | offshorex.no
BIC Electric Norge AS Logo

BIC Electric Norge AS

BIC Electric Norge AS er et internasjonalt elektroinstallasjonsfirma. Vi tilbyr: - Bemanningsløsninger innen offshore-elektro - Underleverandør av elektroinstallasjoner og montasje til offshore og industrien - Utleie av personell til mekanisk og elektrisk installasjonsarbeide - Montering av eltavler ved eget tavleverksted i Polen

Se profil | offshorex.no
GLAVA AS Logo

GLAVA AS

Glava AS er et norsk privateid industriselskap med hovedkontor i Askim, produksjonsanlegg i Askim, Stjørdal og Spydeberg. Salg, markedsføring og kundeservice er organisert sentralt i Oslo og med lokale representanter i hele landet.

Se profil | offshorex.no
ODFJELL RENTAL SERVICES AS Logo

ODFJELL RENTAL SERVICES AS

Odfjell Rental Services (ORS) is a major supplier of drilling tubulars and related accessories to the rental market. The company has contracts with major operators and rig contractors.

Se profil | offshorex.no
LOS Elektro AS Logo

LOS Elektro AS

LOS Elektro AS gjennomfører V&M-kontrakter innen EIT installasjoner på olje og gass inst. Ofte er disse underleverandørkontrakter til større multidisiplin kontraktører som betjener oljeselskapene. Tjenesten kan være ny installasjoner, utvidelse eller vedlikehold. Våre ansatte yter ingeniørtjenester, høyspentoppdrag, prosjektering, risikovurderinger, innkjøp, installasjon, testing og dokumentasjon.

Se profil | offshorex.no
Tips oss
Kontakt oss
Offshore.no AS
Annonsere
Ansvarlige
Sjefsredaktør: Erlend Keilen
OPPHAVSRETT
Alt innhold er opphavsrettslig beskyttet.
Copyright Offshore.no AS