--- title: "Weekly Recap: MidOcean LNG tie-up and Ryohin alliance, stake sale" type: "News" locale: "en" url: "https://longbridge.com/en/news/292536619.md" description: "Mitsubishi Corporation is executing a strategic pivot by backing MidOcean Energy in a partnership linked to a $1.13B Abu Dhabi investment to explore LNG and regional energy opportunities. Simultaneously, Mitsubishi formed a new business alliance with Ryohin Keikaku and fully exited its position, selling its entire 3.9% stake." datetime: "2026-07-13T22:14:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292536619.md) - [en](https://longbridge.com/en/news/292536619.md) - [zh-HK](https://longbridge.com/zh-HK/news/292536619.md) generator: "portal-rs" --- # Weekly Recap: MidOcean LNG tie-up and Ryohin alliance, stake sale Mitsubishi Corporation (TSE:8058) spearheaded a strategic pivot, backing MidOcean Energy in a partnership tied to a $1.13B Abu Dhabi Private Department investment to pursue LNG and regional energy opportunities while simultaneously exiting its 3.9% stake in Ryohin Keikaku as part of a new business alliance. **Previous Week Recap** - **Mitsubishi Backed LNG Partnership**: Mitsubishi Corporation (8058) backed MidOcean Energy in a deal tied to a $1.13B investment from Abu Dhabi’s Private Department, forming a partnership to explore LNG and regional energy opportunities. 1 - **Mitsubishi Sells Stake, Alliance**: Mitsubishi Corporation (8058) formed a strategic business alliance with Ryohin Keikaku and sold its stake, cutting ownership from 3.9% to 0%. 2 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources. ### Related Stocks - [MTSUY.US](https://longbridge.com/en/quote/MTSUY.US.md) - [8058.JP](https://longbridge.com/en/quote/8058.JP.md) - [7453.JP](https://longbridge.com/en/quote/7453.JP.md) ## Related News & Research - [Mitsubishi takes over $7.5 billion in US natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom](https://longbridge.com/en/news/292694606.md) - [GRAPHIC-As war strands Qatari gas for 6 months, US sales rise and European stocks plummet](https://longbridge.com/en/news/296987849.md) - [GLOBAL LNG-Asian spot LNG prices hit five-month high on Hormuz impasse](https://longbridge.com/en/news/296623234.md) - [Woodside Energy Group H1 Earnings Call Highlights](https://longbridge.com/en/news/296847814.md) - [Here’s How Much You Would Have Made Owning Cheniere Energy Stock In The Last 15 Years](https://longbridge.com/en/news/296409571.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**