Tag: Amin H Nasser

Aramco to enter global LNG business by acquiring stake in MidOcean Energy

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Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors.  MidOcean Energy is currently…

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Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture

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Aramco, one of the world’s leading integrated energy and chemicals companies, and international contract logistics provider DHL Supply Chain have announced the signing of a shareholders’ agreement for a new Procurement and Logistics Hub in Saudi Arabia, to enhance supply chain efficiency and sustainability. It would be the region’s first such hub catering to customers in the…

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