"Freeport LNG is pleased to collaborate with Talos, a leading independent energy producer, and Storegga, on this important project", said Michael Smith, Founder, Chairman and CEO of Freeport LNG. "As the only all-electric drive facility of its kind in the U.S., our liquefaction facility produces 90 percent less emissions than other gas turbine-driven facilities. Embarking on carbon capture and sequestration will only further reduce the carbon intensity of our facilities. We look forward to our work with Talos on this innovative CCS project." Talos President and Chief Executive Officer Timothy S. Duncan commented: "We are excited to announce this project with Freeport LNG, a global LNG leader. The entrepreneurial collaboration of our teams allowed for the development of a unique, stand-alone carbon sequestration solution, which provides proof of concept to our broader CCS portfolio and is complementary to our larger hub-based project in Jefferson County.