WASHINGTON–(BUSINESS WIRE)–Apr. 23, 2024 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire SK earthon’s (“SK”) 20 percent interest in Peru LNG (“PLNG”), owner and […]
Category: Energy
EIG’s MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation
Anchor Investment Underscores Success of MidOcean’s Growth Strategy WASHINGTON–(BUSINESS WIRE)–Apr. 02, 2024 MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”). Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to […]
Black & Veatch Studies Extraction of Natural Hydrogen in Australia
Global engineering and construction leader will provide concept designs for H2EX’s natural hydrogen and helium project MELBOURNE, Australia–(BUSINESS WIRE)–Apr. 01, 2024 Black & Veatch, a global leader in critical infrastructure solutions, will study the exploration and extraction of natural hydrogen and helium in Australia. The development study is an engineering services agreement between Australian-owned natural […]
EIG’s MidOcean Energy Completes Acquisition of Tokyo Gas’ Interests in Portfolio of Australian Integrated LNG Projects
WASHINGTON–(BUSINESS WIRE)–Mar. 28, 2024 MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire Tokyo Gas Co., Ltd’s (“Tokyo Gas”) interests in a portfolio of Australian integrated LNG projects. […]
Cargill Shares Outcome of the World’s First Wind-Powered Ocean Vessel’s Maiden Voyage
Findings reveal significant fuel savings, underscoring the potential for wind assisted propulsion to support the shipping industry’s decarbonization efforts GENEVA–(BUSINESS WIRE)–Mar. 13, 2024 Cargill today revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring the potential for the wind assisted propulsion technology in moving the shipping industry toward renewable energy use. […]
EIG’s MidOcean Energy to Acquire SK Earthon’s 20 Percent Stake in Peru LNG
WASHINGTON–(BUSINESS WIRE)–Feb. 08, 2024 MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with SK Earthon (“SK”) to acquire SK’s 20 percent interest in Peru LNG (“PLNG”). PLNG owns and operates the […]
Gradiant’s H+E Wins Contract in Germany to Build Water Treatment Facility for One of the Largest Semiconductor Fabs
The contract award follows the European Chips Act’s passing in September to bolster competitiveness and resilience in semiconductors BOSTON–(BUSINESS WIRE)–Feb. 06, 2024 Gradiant, a global solutions provider for advanced water and wastewater treatment, today announced that its recently acquired subsidiary, H+E Group, has been awarded a new contract to design and build an ultrapure water […]
UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28
– The Sustainable Trade Forum is hosted by UAE Ministry of Economy in partnership with Capital.com and Vinfast – The event coincides with first-ever Trade Day at COP28 – Convenes global business and investment leaders from mobility, utilities and food sectors. ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Dec. 05, 2023 The Ministry of Economy, in partnership with global fintech […]
H2SITE has Commissioned the First On-Board Ammonia Cracking System Generating High-Purity Hydrogen Coupled with PEM Fuel Cell
Maritime transport represents 2% of the global greenhouse gas emissions. Ammonia and methanol are the most promising carriers being explored for its decarbonization. H2SITE has produced pure hydrogen from ammonia on board, through a process called “Ammonia cracking”, using its integrated membrane reactor technology. Connected to a PEM fuel cell, hydrogen is used to produce […]
Abdulaziz Al-Gudaimi Aramco Veteran Joins EIG as Senior Advisor and Chairman of MENA Operations
WASHINGTON–(BUSINESS WIRE)–Dec. 01, 2023 EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations. Mr. Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (“Aramco”), has over 38 years […]
Global Green Industry Leaders Unite at Eco Expo Asia 2023
HONG KONG–(BUSINESS WIRE)–Oct. 03, 2023 Eco Expo Asia 2023, jointly organised by the Hong Kong Trade Development Council and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region, will launch from 26 – 29 October in AsiaWorld-Expo in Hong Kong, with the […]
JAIMA: “Carbon Neutral Society and Biomass Energy” Symposium information (held in Thailand)
TOKYO–(BUSINESS WIRE)–Sep. 26, 2023 The Japan Analytical Instruments Manufacturers’ Association (JAIMA, address: 2-5-16 Kanda Nishiki-cho, Chiyoda-ku, Tokyo 101-0054, President: Masayuki Adachi/President of Horiba, Ltd.) will be holding a symposium on the theme of “Carbon Neutral Society and Biomass Energy'' in Bangkok, Thailand. Rising energy prices and shortages of energy sources are major challenges facing modern […]