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BRIEF-TotalEnergies confirms acquisition of U.S-based Talos Low Carbon Solutions
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BRIEF-TotalEnergies confirms acquisition of U.S-based Talos Low Carbon Solutions
Mar 18, 2024 6:37 AM

March 18 (Reuters) - Totalenergies Se:

* TotalEnergies has signed an agreement to acquire 100% of

Talos Low Carbon Solutions (TLCS), an early-mover American

company focused on carbon capture and storage.

* After completion of the transaction, TotalEnergies will

own a 25% share in the Bayou Bend project, alongside Chevron ( CVX )

(50%, operator) and Equinor ( EQNR ) (25%).

* TotalEnergies will also own a 65% operated interest in the

Harvest Bend (Louisiana) project and a 50% interest in the

Coastal Bend (Texas) project.

Further company coverage:

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