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MidOcean Leads Bidding for Stake in Petronas Canada Unit

Summary by Bloomberg
MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petroliam Nasional Bhd.’s Canadian business, people familiar with the matter said.

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Bloomberg broke the news in United States on Friday, July 11, 2025.
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