Talos energy is a privately owned independent oil and gas firm attributed to the offshore exploration and execution of its activities in America’s Mexican gulf and along the shallow waters of the Mexican coast. The company is based in Houston, Texas.
Talos Energy became the first ever offshore exploration to be privatized in the Mexican history. In 2017, Talos accepted an offer to merge with Lafayette-based energy plant; an offer which would grant Talos two cites to explore in Gulf of Mexico. Besides, the merging would see Talos acquire the technical resources and the funds to support its in-house development projects as well as the enabling capability to undertake transactional and exploration opportunities in other areas.
Tim Duncan, the Chief Executive Officer and the president of the Talos Energy says that his main agenda and core responsibility is to create new and maintain the existing relationships as he surveys development projects and growth of profitable business opportunities. Thus upholding to the uttermost of the company’s culture which is developing the culture, values and maintaining the reputation of the Talos Energy Company.
Tim Duncan assumes the mode of a servant leader in his managerial duty for the Talos Energy Company, where he says satisfying their customers is the key driving force. This brings forth the attitude of serving first, highlighting and attending to the needs of the Talos Energy Company employees, suppliers, customers, and the other key stakeholders and handling them efficiently has brought immense success to the Talos Energy Company.
The Talos Energy Company, is the first ever independent firm to venture in offshore oil and gas exploration and it has been faced by a number of shortcomings, among them being lack of skilled personnel globally since the offshore oil exploration has not yet found its roots in the economy strong. Besides retaining their experienced employees has been a challenge as they are always poached by other upcoming oil exploring firms upcoming around the globe.
Tim Duncan, as a manager and a leader, when hiring employees for the Talos Energy Company, he keenly focuses on fairness, honesty, and respect as well as motivating his juniors to get the best of them, which in turn becomes an advantage to the company, making it execute and reach goals effectively.
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