Tag: Nasir K Al-Naimi

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

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…