AmericasContracts and Tenders

Aramco boosts stake in EIG’s MidOcean Energy

By LNG Prime Staff
Aramco boosts stake in EIG's MidOcean Energy
Image: Peru LNG

Energy behemoth Saudi Aramco will increase its stake in MidOcean Energy, the LNG unit of US-based energy investor EIG. Aramco will also help MidOcean to boost its stake in LNG producer Peru LNG. EIG revealed these moves in a statement on Monday. In September 2023, Aramco agreed to buy a minority stake in MidOcean Energy…

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