Aramco steps into global LNG market with stake in MidOcean Energy
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Courtesy of Aramco Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco having the option to increase its shareholding and …
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