Talos Energy Inc (TALO) has provided an update.
Talos Energy Inc. has made a significant move by selling its carbon capture and sequestration business to TotalEnergies E&P USA, Inc. This sale includes three major projects along the U.S. Gulf Coast, streamlining Talos Energy’s operations and handing over the entirety of its carbon management ventures to Total. The deal, which was finalized on March 18, 2024, demonstrates a strategic shift for Talos Energy and marks a notable transaction in the energy sector.
For an in-depth examination of TALO stock, go to TipRanks’ Stock Analysis page.
