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Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG

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Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG
Business

Business

Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG

2026-07-07 18:16 Last Updated At:18:20

LONDON & WASHINGTON--(BUSINESS WIRE)--Jul 7, 2026--

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan (the “Private Department”) has today committed to invest $1.13bn in MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707259928/en/

In parallel with 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 in MidOcean represents the Private Department’s entry into the global LNG sector and marks the launch of a broader strategic relationship with EIG, a global energy and infrastructure investment firm. Through this partnership, the parties intend to collaborate on future investment opportunities across the energy and related infrastructure sectors.

The investment further strengthens MidOcean’s high-quality institutional shareholder base and reflects continued confidence in the Company’s strategy to build a diversified, resilient, and long-life global LNG platform.

MidOcean has assembled a high-quality portfolio of LNG interests across key global markets, including Canada, Australia, and Latin America, and seeks to continue to expand its global footprint through a disciplined and value-driven investment approach.

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."

About The Private Department of Sheikh Mohammed bin Khalid Al Nahyan

The Private Department of Sheikh Mohammed Bin Khalid Al Nahyan, headquartered in Abu Dhabi, United Arab Emirates, together with its affiliate KSH Investments, are a diversified investment and asset management platform focused on identifying and developing long-term investment opportunities across a diversified range of sectors and geographies. Through its direct investments, strategic partnerships, and asset management activities, the Private Department, together with its affiliate KSH Investments, manage interests across real estate, hospitality, infrastructure, financial services, energy, and other sectors, with a focus on long-term value creation and prudent capital allocation.

Important Notice

This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to subscribe for or purchase any securities. Any offering will be made only pursuant to applicable offering documents and in compliance with applicable securities laws.

About EIG

EIG is a leading institutional investor in the global energy and infrastructure sectors with $25.9 billion assets under management as of March 31, 2026. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. 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. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit www.eigpartners.com.

About MidOcean Energy

MidOcean Energy, a pure play LNG company formed and managed by EIG, seeks to build a diversified, resilient, cost- and carbon-competitive global LNG portfolio. It reflects EIG’s belief in LNG as a critical element of a lower-carbon, competitive and more secure global energy system. MidOcean 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. For additional information, please visit www.midoceanenergy.com.

Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG

Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG

MANILA, Philippines (AP) — Philippine Vice President Sara Duterte, who is being tried by an impeachment court on charges that include threatening the president, said Tuesday that she expected to be “bloodied but unbowed” by the public trial.

Duterte, who has declared her aim to succeed President Ferdinand Marcos Jr. in mid-2028, was impeached by the House of Representatives, which is dominated by Marcos’ allies, in May. The 48-year-old lawyer and politician has dismissed the charges against her as political persecution.

Her televised trial by the 24-member Senate, which acts as an impeachment court, started Monday.

On Tuesday it took up the first of four main charges, which accused Duterte of threatening in an online news conference in November 2024 to have Marcos, his wife and then-House Speaker Martin Romualdez killed by an unidentified person if she herself were killed as their disputes escalated.

A video presented as evidence showed the vice president uttering the threat and stressing that she was not making a joke and that the person she asked to undertake the killings agreed to her plan.

In another video shown during the trial, the vice president said she wanted to cut off the president’s head.

“In this bloodbath and bludgeoning, I will be bloodied but unbowed,” Duterte said in a news conference Tuesday at the Senate, where she briefly showed up in casual clothes and rubber shoes to meet her lawyers. She left before the trial resumed.

She refused to take any questions from the media, but in the past, she has denied all the allegations, which include amassing unexplained wealth, misusing confidential funds, corruption, committing bribery and inciting to sedition without providing specific details.

Duterte and Marcos were running mates in the 2022 elections in a whirlwind alliance that combined the vote-getting power of two of the country’s most formidable political dynasties, but the union rapidly fell apart.

Duterte's supporters have accused Marcos and his key aides of politically persecuting her and her senatorial allies to ensure her impeachment and block her planned presidential run.

Meanwhile three senators who support Duterte have been sidelined by other developments.

Two senators have been arrested and detained recently for alleged large-scale corruption and a third went into hiding after the International Criminal Court issued a warrant for his arrest as a co-conspirator of former President Rodrigo Duterte, the vice president's father, for alleged crimes against humanity.

The charges stem from the killings of thousands of mostly poor suspects in anti-drugs crackdowns ordered by the former president between 2011 and 2019. Rodrigo Duterte, who is detained by the ICC in The Hague, will face trial on Nov. 30.

Justice officials and state prosecutors said the legal troubles of the three senators were based on strong evidence, unrelated to the vice president’s impeachment trial.

Sara Duterte blames Marcos, her father's successor as president, for his arrest last year and his handover to the ICC.

Two-thirds of the 24-member Senate, or 16 votes, are needed to convict the vice president.

A conviction would be a lethal blow to her declared plan to seek the presidency.

Even if she's acquitted, Duterte could still face criminal charges similar to the impeachment charges, including large-scale corruption, which were being investigated by anti-graft prosecutors.

National Bureau of Investigation senior agent John Mark Calilung, right, listens as prosecutor and defense teams speak during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool)

National Bureau of Investigation senior agent John Mark Calilung, right, listens as prosecutor and defense teams speak during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool)

Philippine Senate President Win Gatchalian, ltop eft, and Presiding Officer Francis Escudero talk during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool)

Philippine Senate President Win Gatchalian, ltop eft, and Presiding Officer Francis Escudero talk during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool)

Philippine senator, from left, Mark and his sister Camille Villar and Joel Villanueva look at the projector as documents are shown during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool)

Philippine senator, from left, Mark and his sister Camille Villar and Joel Villanueva look at the projector as documents are shown during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool)

National Bureau of Investigation senior agent John Mark Calilung takes oath as witness during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool) ADDITION: Adds this is Pool.

National Bureau of Investigation senior agent John Mark Calilung takes oath as witness during the impeachment trial of Philippine Vice President Sara Duterte at the Philippine Senate in Pasay city, Philippines on Tuesday, July 7, 2026. (AP Photo/Aaron Favila, Pool) ADDITION: Adds this is Pool.

Philippine Vice President Sara Duterte, center, arrives before the start of the impeachment trial at the Senate of the Philippines in Pasay, Philippines Tuesday, July 7, 2026. (Noel Celis/Pool Photo via AP)

Philippine Vice President Sara Duterte, center, arrives before the start of the impeachment trial at the Senate of the Philippines in Pasay, Philippines Tuesday, July 7, 2026. (Noel Celis/Pool Photo via AP)

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