MidOcean Energy Secures $120M

MidOcean Energy secured a $120 million equity investment from The Arab Energy Fund.

The deal is part of MidOcean’s ongoing capital raise to expand its global LNG portfolio.

The EIG-formed and managed company already holds interests in several LNG projects, including LNG Canada, Gorgon LNG and Pluto LNG.

The funding supports MidOcean’s LNG growth strategy and highlights continued investor interest in gas assets.