TotalEnergies Joins Chevron, Equinor With Acquisition of Talos Energy’s CCS Business (WO)

TotalEnergies Joins Chevron, Equinor With Acquisition of Talos Energy’s CCS Business (WO)

WorldOil

TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), American company focused on carbon capture and storage. After completion of the transaction, Totalenergys will own a 25% share in the Bayou Bend project, alongside Chevron (50%, operator) and Equinor (25%). Bayu Bend project is a major CO2 storage project located along the Texas Gulf Coast, close to the company’s assets in the region.

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