ABU DHABI (ALETIHAD)
A UAE-based investor has committed to invest $1.13 billion in MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a media statement said.
The Private Department of Sheikh Mohammed bin Khalid Al Nahyan and EIG have also established a strategic partnership focused on capital aggregation, investment origination, and the development of institutional investment opportunities across the UAE and selected regional markets.
The investment marks the Private Department’s entry into the global LNG sector and the launch of a broader strategic relationship with EIG, a global energy and infrastructure investment firm. Through the partnership, the two sides intend to collaborate on future investment opportunities across energy and related infrastructure sectors, the statement said.
MidOcean has assembled a portfolio of LNG interests across key global markets, including Canada, Australia, and Latin America, and seeks to expand its global footprint.
The Private Department of Sheikh Mohammed Bin Khalid Al Nahyan, headquartered in Abu Dhabi, together with its affiliate KSH Investments, is a diversified investment and asset management platform focused on identifying and developing long-term investment opportunities across sectors and geographies.
EIG is an institutional investor in the global energy and infrastructure sectors, with $25.9 billion in assets under management as of March 31, 2026. During its 44-year history, EIG has committed $53.9 billion to the energy sector through 426 projects or companies in 44 countries on six continents, the statement said.
MidOcean Energy is a pure-play LNG company formed and managed by EIG. The company seeks to build a diversified, resilient, cost- and carbon-competitive global LNG portfolio. It has established a platform with a balance sheet of more than $5 billion and interests in LNG projects across the Americas and Australia, supported by a marketing office in Singapore and a corporate office in London.
R. Blair Thomas, MidOcean Chairman and EIG CEO, said: “We are pleased to establish a strategic partnership with the Private Department. This relationship combines EIG's global energy investment expertise with the Private Department's regional reach, institutional relationships, and long-term investment perspective. We believe this creates a powerful platform for capital formation and investment across the region."
De la Rey Venter, CEO of MidOcean, said: “The Private Department’s investment supports our continued growth and execution across a diversified global LNG portfolio. We appreciate their strong endorsement of MidOcean’s strategy, and we look forward to working together to capture more opportunities in an increasingly important global LNG market.”
Matar Hamdan Al Ameri, Executive Managing Director of the Private Department of Sheikh Mohammed bin Khalid Al Nahyan, said: “This investment represents an important milestone in our strategy to establish long-term exposure to high-quality global infrastructure and energy assets and create opportunities for regional investors to participate alongside leading institutional partners.
"MidOcean provides access to a critical component of the global energy system through a diversified LNG platform, while our strategic partnership with EIG creates a foundation for future collaboration and investment opportunities across the region."