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Tokyo Gas USA Shale Stake Sale

Awarded · Texas · Last reported Feb 2025

Source: Rigzone

Project
Awarded

Tokyo Gas Co. is selling its stake in the Eagle Ford shale gas project in Texas to Shizuoka Gas Co. for $130 million. This decision comes amid scrutiny from activist shareholder Elliott Investment Management, which has urged the utility to streamline its portfolio.

Status
Closed
Sector
Power Transmission, Power Generation (CCGT), Natural Gas
Location
Texas, United States of America
Updated
22 Jul 2026
Source
Rigzone

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Project Information

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The project “Tokyo Gas USA Shale Stake Sale” is an infrastructure initiative in the Power Transmission sector, located in Texas, United States. Taiyo aggregates data on it from Rigzone.

Participants

Not available for this record.

Status

Original status

Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Tokyo Gas Co. is selling its stake in the Eagle Ford shale gas project in Texas to Shizuoka Gas Co. for $130 million. This decision comes amid scrutiny from activist shareholder Elliott Investment Management, which has urged the utility to streamline its portfolio.

Original sector

Gas

Budget

Location

Country

United States of America (USA)

State

Texas

Source

Source

Rigzone

URL

More Details

Record type

Project

Sector

Power Transmission, Power Generation (CCGT), Natural Gas

Article published date

2025-02-28

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