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…
Aramco, one of the world’s leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax) from Southern Cross Group, a Latin America-focused private equity company. The transaction is subject to certain customary conditions, including regulatory approvals. Esmax is a leading diversified downstream fuels and lubricants retailer in Chile.…
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…
EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, announced the closing of its previously announced transaction with Saudi Arabian Oil Co. (Aramco), under which a consortium of investors acquired a 49% equity stake in Aramco Oil Pipelines Company (Aramco Oil Pipelines), a newly formed entity with rights…
EIG, an institutional investor to the global energy sector and infrastructure investor, has announced that it has entered into a lease and lease-back agreement with Saudi Arabian Oil Co. (“Aramco”), under which a consortium of investors led by EIG will acquire a 49% equity stake in Aramco Oil Pipelines Company, a newly formed entity with…