Saudi Aramco enters LNG sector in $500M deal for minority stake in US equity firm EIG's MidOcean unit

Thursday, 28 September 2023

Saudi Arabian Oil Company (Saudi Aramco), the world’s largest oil production group, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million and thus enter the liquefied natural gas sector initially in Australia.


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Last modified on Thursday, 28 September 2023 17:50
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