Chevron Acquires Stake in Talos’ Proposed Texas Carbon Capture Plant
Transaction Type
Sellers
Buyers
Basin
Texas Gulf Coast
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Acquired stake through an expanded JV to develop the Bayou Bend CCS offshore carbon capture and sequestration hub near Beaumont and Port Arthur, TX; equity interests in the JV would be 25% Talos (operator), 25% Carbonvert and 50% Chevron.