Repsol announces new organizational structure following Talisman Energy integration

As Repsol completes the acquisition of Talisman Energy, a new organizational structure has been implemented to include the integrated assets from Talisman.

“Three top-level committees are created under the chairmanship of the CEO: The Corporate Executive Committee, The Exploration and Production (E&P) Executive Committee and the Downstream Executive Committee (Refining, Marketing, LPG, Trading and Gas & Power.) These committees will have full responsibility over their businesses,” Repsol said.

The company is headed by CEO Josu Jon Imaz and chairman Antonio Brufau.

Repsol announced the acquisition of Canada’s Talisman late last year when it said it used some of the funds it obtained from Argentina following compensation after the expropriation of its assets there.