Houston-based Talos Energy Inc. is diving into carbon capture and storage (CCS) opportunities along the Gulf Coast and offshore with UK expert Storegga Geotechnologies Ltd. 


Through the joint venture (JV), the partners plan to “source, evaluate and develop” CCS opportunities on the coast and in the Gulf of Mexico (GOM) offshore Alabama, Louisiana, Mississippi and Texas.

“Engaging in CCS projects along the Gulf Coast and shallow water Gulf of Mexico complements our operating skill set and diversifies the company to seize this significant market opportunity,” Talos CEO Timothy S. Duncan said. “We have a responsibility to deliver affordable, reliable energy with the lowest carbon footprint possible, and this joint venture allows us to expand our impact beyond our own...