Aramco to acquire $500m stake in MidOcean Energy to expand global LNG reach

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Aramco to acquire $500m stake in MidOcean Energy to expand global LNG reach

Aramco, a leading integrated energy and chemicals company, has solidified a significant deal in the energy sector by acquiring a strategic minority stake worth $500 million in MidOcean Energy. MidOcean Energy, managed by EIG, a distinguished institutional investor in global energy and infrastructure sectors, specializes in liquefied natural gas (LNG) ventures. Strategic Move: Aramco’s $500 […]

MidOcean Energy to buy Tokyo Gas’ stakes in four LNG projects in Australia for $2.15bn

By on    Energy Industry News  

MidOcean Energy to buy Tokyo Gas’ stakes in four LNG projects in Australia for $2.15bn

EIG-managed liquefied natural gas (LNG) company MidOcean Energy has signed an agreement with Tokyo Gas to acquire stakes of the latter in four integrated LNG projects in Australia for $2.15 billion in cash. The transaction includes the acquisition of Tokyo Gas’ interests in the Gorgon LNG project, the Ichthys LNG project, the Pluto LNG project, […]