MidOcean Energy secures $1.1bn backing from UAE royal family

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan has committed to invest $1.13 billion in MidOcean Energy, a liquefied natural gas company formed and managed by EIG.

Alongside 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 marks the Private Department’s entry into the global LNG sector and the start of a broader strategic relationship with EIG, a global energy and infrastructure investment firm. The two parties plan to collaborate on future opportunities across energy and related infrastructure sectors.

EIG said the investment strengthens MidOcean’s institutional shareholder base and reflects confidence in the company’s strategy to build a diversified, resilient and long-life global LNG platform.

MidOcean currently holds LNG interests across key global markets, including Canada, Australia and Latin America, and aims to expand its global footprint through a disciplined, value-driven investment approach.

Headquartered in Abu Dhabi, the Private Department of Sheikh Mohammed bin Khalid Al Nahyan and its affiliate KSH Investments operate a diversified investment and asset management platform focused on long-term opportunities across sectors including real estate, hospitality, infrastructure, financial services and energy.