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Ocean Yield Raises Bet on LNG with Takeover of CapeOmega Gas Transportation
Deal adds $120m to Ocean Yield’s backlog
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energynewsbeat.co
energynewsbeat.coOcean Yield moves deeper into LNG via 10-ship CapeOmega deal
Norwegian shipleasing specialist Ocean Yield and KKR-managed vehicles have agreed to acquire CapeOmega Gas Transportation from private equity firm Partners Group, expanding their exposure to the LNG sector. CapeOmega holds joint ownership in a fleet of ten 174,000 cu m LNG carriers operated by Knutsen. Seven of the ships are already on the water, averaging …
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