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Talisman Energy is to proceed with its Montrose Area Redevelopment project in the North Sea, as part of a £1.6bn investment that will create and secure up to 2,000 jobs.
Talisman Energy has announced plans to develop the Duart and Galley oilfields in the North Sea, with production from Duart starting by the end of next year.
Talisman Energy is to invest a further £20m in its Aberdeen-based North Sea oil operations, as part of a £183m boost to its international exploration and development budget.
Talisman Energy has launched a feasibility study into plans to build one of the world's biggest offshore windfarms with up to 120 turbines at the Beatrice oilfield 75 miles off Aberdeen.
Talisman Energy is planning to invest up to £30m rebuilding its North Sea pipeline linking the Beatrice oilfield with the Nigg terminal on the Cromarty Firth, as part of an expansion that will create 1,600 jobs.