EIG has "admired Ocyan for many years and have been impressed by their ability to develop ambitious projects through challenging economic environments”, he said.
EIG-backed MidOcean Energy has struck a deal to buy Tokyo Gas’ stakes in four Australian LNG projects, for $2.15 billion in cash.
Investment group EIG is buying a 25% stake in Repsol’s upstream unit for $4.8 billion, with an eye on a potential US IPO in 2026.
Shell Executive Vice President: Integrated Gas West & CCUS De la Rey Venter is leaving the supermajor to take the reins at EIG-backed LNG specialist MidOcean Energy.
Repsol is reportedly considering the sale of up to 25% of its oil and gas exploration and production (E&P) business to energy investor EIG.
Origin Energy (ASX:ORG) is set to sell a 10% share of its Australia Pacific LNG export project to global energy investor EIG in a deal worth $2.12 billion.
Saudi Aramco has closed the $12.4 billion sale of a 49% stake in its pipelines unit, to a group led by EIG.
It is hard to know where to begin when describing the scale of the crisis gripping Big Oil.
Kinder Morgan’s Elba LNG plant is finally starting up, with one train producing and two more on the way.