LNG

Talos Energy, the US oil and gas company, has acquired the operator QuarterNorth Energy in a $1.29 billion cash and stock deal to boost its presence in the Gulf of Mexico in the latest of a long list of US energy industry mergers and acquisitions that included several mega-deals.

The Freeport LNG export plant at Quintana Island in Texas has revealed plans for a carbon-capture and sequestration project a day after Japanese LNG importer and power asset holder JERA Co Inc. acquired a significant stake in the US liquefaction and export business.