Thursday, 28 September 2023 13:48
Saudi Aramco enters LNG sector in $500M deal for minority stake in US equity firm EIG's MidOcean unit
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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