TALISMAN Energy said yesterday there was no threat to North Sea jobs after its boss was reported saying it planned to reduce exposure in the area.
Chief executive John Manzoni was quoted as saying the firm was looking to reduce its North Sea exposure through joint ventures and farm-outs. Yesterday, UK boss and senior vice-president Geoff Holmes said the UK was valuable business for Talisman.
He added: “We are currently firming up plans for 2012. As John Manzoni said, we are looking at evolutionary change, not radical change.
“As an example, we are re-examining some of our bigger proposed field developments, where we have high working interests. These are multibillion-dollar investments, a share of which could be very attractive to others.”
Talisman employs about 2,600 people in total in the North Sea, about 600 of these directly.
Of the directly employed, about 320 workers are onshore and 250 offshore.
Of the contractors, about 1,600 are offshore and 400 onshore. The firm recently took about 170 previously contract personnel in-house.
Mr Holmes said 2012 was going to be another busy year for the firm in the North Sea, with infill drilling planned at Tweedsmuir and Clyde, an exciting exploration programme and the completion of a subsea tieback from a fourth Auk North well.
He added: “We will provide additional details in January once our plans have been finalised.”
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