Talos Energy sells carbon capture business to TotalEnergies for $148m
Talos Energy Inc. (NYSE: TALO), a notable player in the energy sector, has officially announced the sale of its subsidiary, Talos Low Carbon Solutions LLC (TLCS), to TotalEnergies E&P USA, Inc. for a purchase price of $125 million, with additional reimbursements, adjustments, and cash retention bringing the total deal value to approximately $148 million. The […]