About MidOcean Energy
MidOcean Energy is an Energy & Utilities company based in Washington (United States) founded in 2021. Provider of exploration and production services for oil gas sector. MidOcean Energy has raised $1.7 billion across 3 funding rounds from investors including Aramco, Mitsubishi Corporation and Idemitsu Kosan. MidOcean Energy has completed 1 acquisition, including Origin Energy. Its chief executive, as recorded, is De La Rey Venter. MidOcean Energy offers products and services including LNG Portfolio and Asset Management Services. Its focus areas include Energy, Oil & Gas Upstream and Exploration and Production. Its legal entity is EIG Asset Management, LLC.
Company details
MidOcean Energy was founded in 2021 as a provider of exploration and production services in the oil and gas sector. Upstream activities are supported through these offerings for industry clients. Leadership is held by CEO De La Rey Venter. The companys online presence is maintained via midoceanenergy.com, with no specific location details available.
- Headquarters Washington, United States
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website midoceanenergy.com
- Social LinkedIn
- Legal Name Eig Asset Management, Llc
- Total Equity Funding$1.7B (USD)
in 3 rounds
- Latest Funding Round$1.2B (USD), Series E
May 2026
- InvestorsAramco
& 2 more
- Investments & Acquisitions
Products & Services of MidOcean Energy
MidOcean Energy offers a comprehensive portfolio of products and services, including LNG Portfolio and Asset Management Services.
A diversified LNG portfolio is managed to ensure resilience and competitiveness in cost and carbon aspects.
Energy assets are handled globally to support portfolio development.
Funding Insights of MidOcean Energy
MidOcean Energy has successfully raised a total of $1.7B across 3 strategic funding rounds. The most recent funding activity was a Series E round of $1.2 billion completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.7B
- Total Rounds 3
- Last Round Series E — $1.2B
- First Round $500M
(Sep 2023)
- Investors Count 3
All 3 funding rounds of MidOcean Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $1.2B | Series E | – | – | |
| Apr 2024 | Series D | – | Mitsubishi Corporation | – | |
| Sep 2023 | $500M | Series D | – | Aramco | – |
3 investors in total: 3 institutional.
Investors in MidOcean Energy
MidOcean Energy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Aramco, Mitsubishi Corporation and Idemitsu Kosan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Natural gas and petroleum are distributed and traded globally. | 1954 | mitsubishicorp.com | New York, United States | |
Aramco is recognized as a leading producer of energy and chemicals globally. | 1993 | aramco.com | Dhahran, Saudi Arabia | |
| idemitsu.com |
Investor details for MidOcean Energy
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People of MidOcean Energy
1 people are tracked at MidOcean Energy (1 in leadership).
| Name | Role | Group |
|---|---|---|
De La Rey Venter | CEO | Leadership |
Complete people profiles for MidOcean Energy
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Investments & Acquisitions by MidOcean Energy
MidOcean Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Origin Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Energy corporation | originenergy.com.au | Sydney, Australia | 2000 | Mar 2023 | $18.7B |
Complete acquisition details for MidOcean Energy
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Timeline of MidOcean Energy
4 dated milestones of MidOcean Energy across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MidOcean Energy is founded.
- Acquisition Acquires Origin Energy.
- Funding First funding round of $500.0M.
- Funding Latest funding round, Series E, of $1.2B.
Web traffic of MidOcean Energy
The website of MidOcean Energy (midoceanenergy.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 63.6% vs previous month
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as MidOcean Energy (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Related news about Midocean Energy
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Frequently Asked Questions about MidOcean Energy
MidOcean Energy was founded in 2021 and raised its 1st funding round 2 years after it was founded.
MidOcean Energy is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
De La Rey Venter is the CEO of MidOcean Energy, as recorded in our data.
MidOcean Energy is a funded company, having raised a total of $1.7B across 3 funding rounds to date. The company's 1st funding round was a Series D of $500M, raised on Sep 2023.
MidOcean Energy was founded in 2021 as a provider of exploration and production services in the oil and gas sector. Upstream activities are supported through these offerings for industry clients. Leadership is held by CEO De La Rey Venter. The companys online presence is maintained via midoceanenergy.com, with no specific location details available.
MidOcean Energy offers LNG Portfolio and Asset Management Services.
MidOcean Energy has made 1 acquisition, including Origin Energy.
MidOcean Energy has 3 investors. Key investors include Aramco, Mitsubishi Corporation, and Idemitsu Kosan.
MidOcean Energy operates through Eig Asset Management, Llc.