MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, announced a $1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan.
In parallel with the investment, the Private Department and EIG have established a strategic partnership focused on capital aggregation, investment origination and the development of institutional investment opportunities across the United Arab Emirates and selected regional markets.
The investment in MidOcean represents the Private Department’s entry into the global LNG sector and marks the launch of a broader strategic relationship with EIG.
