Billionaire Carlos Slim Buys Stake In Huge Mexican Oilfield

Billionaire Carlos Slim Buys Stake In Huge Mexican Oilfield

OilPrice.com

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Talos Energy is selling 49.9% of its Mexican subsidiary to a unit of Grupo Carso, owned by billionaire Carlos Slim, with which the buyer gets access to the huge Zama oilfield offshore Mexico. Talos Energy on Thursday announced that Zamajal, a wholly owned subsidiary of Grupo Carso, has agreed to acquire a 49.9% interest in Talos’ Mexican subsidiary, Talos Mexico, which holds the company’s 17.4% stake in the Zama offshore oil project. Talos will remain the controlling shareholder of Talos Mexico, while the transaction is expected to…

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