Offshore staff
HOUSTON — Talos Energy Inc. and its Mexican subsidiary (Talos Mexico) has closed the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos Slim.
As consideration for the sale, Talos received $74.85 million in cash at closing, with an additional $49.90 million due upon first production, for an aggregate price of $124.75 million.
Talos Mexico, now owned 50.1% by Talos Energy and 49.9% by Carso, holds a 17.4% interest in the Zama Field. Talos will remain the controlling shareholder of Talos Mexico.
In June 2023, Mexico's Comisión Nacional de Hidrocarburos (CNH) approved the Zama Unit Development Plan. Talos is working with the Zama Unit's Integrated Project Team to progress the FEED and other workstreams required to reach a final investment decision. Talos will co-lead the planning, drilling, construction and completion of all Zama wells and the planning, execution and delivery of Zama's offshore infrastructure.
Talos says Zama is one of the largest global shallow-water oil discoveries in recent years.
09.27.2023
