Talos cuts capex by $125m to tackle oil price drop

US independent reins in costs after recording marginal profit in fourth quarter

Reduction: Talos Energy chief executive Tim Duncan — Reduction: Talos Energy chief executive Tim DuncanPhoto: OTC

Steve Marshall
Kathrine Schmidt

Oslo/Houston

USA Talos Energy Zama Mexico Gulf of Mexico

Published 19 March 2020, 10:29Updated 19 March 2020, 10:29