Century Midstream LLC was launched, a new energy company recently created in partnership between a veteran management team and First Reserve, the largest global private equity firm exclusively focused on energy. Century will primarily focus on the development, acquisition and expansion of midstream assets across North America, with an emphasis on emerging liquids and liquids-rich shale plays. First Reserve will support Century with up to $500m of equity capital to co-found the company.
Joseph A. Blount, Jr. as Chief Executive Officer with John Howard serving as President and COO are joined by Jim Avioli, Jr. as Senior Vice President of Business Development and Brian Raber as Senior Vice President of Engineering.
Century will pursue development and acquisition opportunities in liquids and liquids-rich producing basins, through a long-term partnership approach with upstream producers.
