Search results for: Ophir Energy

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  • 13 January 2016

    Ophir Energy, operator of the Fortuna FLNG project offshore Equatorial Guinea, said on Wednesday it named two regional directors. The UK-listed oil and gas group appointed John Bell to the position of Director – Asia and Oliver Quinn to the position of Director – Africa and Global New Ventures. “Both John and Oliver start their […]

  • 21 August 2018
    Business & Finance

    Ophir Energy has received shareholder approval for its previously announced acquisition of Santos Limited’s assets in South East Asia.

  • 21 March 2019

    London-listed oil company Ophir Energy has accepted Indonesia Medco Energy’s increased takeover bid. Ophir was also recently approached by Coro Energy over a potential takeover.

  • 24 June 2014
    Business & Finance, Operations & Maintenance

    Australian energy company WHL Energy Limited announces that Ophir Energy plc, operator of the jointly held Seychelles exploration blocks, has contracted Dolphin Geophysical to undertake the 1500 km2 Junon 3D seismic survey over the Junon trend. Ophir Energy, as operator holds 75% equity in the Seychelles blocks and WHL Energy the remaining 25%. The survey […]

  • 24 October 2013

    Ophir Energy confirmed media reports that it is looking to sell down its interests in Blocks 1, 3 and 4, offshore Tanzania . “The company can confirm it has a process ongoing to sell down a part interest in these Blocks but there is no certainty that this process will conclude successfully nor can there […]

  • 21 December 2015
    Business & Finance

    African Petroleum, an independent oil and gas exploration company, has entered into a new Production Sharing Contract with Ophir Energy plc covering the company’s CI-513 licence area in the Ivory Coast. In accordance with the terms of the new PSC, Ophir Energy holds a 45% interest and is operator, African Petroleum holds a 45% interest […]

  • 10 March 2016
    Business & Finance, Project & Tenders

    African Petroleum, an independent oil and gas exploration company, has announced that the new Production Sharing Contract (PSC) with Ophir Energy covering the company’s CI-513 licence area in Côte d’Ivoire or Ivory Coast is now effective. African Petroleum and Ophir entered the PSC for the Ivory Coast block in December 2015. Having been signed by […]

  • 2 May 2017
    Exploration & Production, Project & Tenders

    Ophir Energy started drilling the Ayamé-1X exploration well, offshore Ivory Coast, on Saturday, April 29, 2017, using the Seadrill-owned West Saturn drillship. The well, operated by Ophir Energy, is located on the CI-513 license. African Petroleum holds a 45% interest in the license, with Ophir Energy holding 45% and PETROCI the remaining 10%. Ophir took […]

  • 28 April 2015

    Ophir Energy said that it has completed the acquisition of four deepwater production sharing contracts in Indonesia from Niko Resources.

  • 7 April 2011
    Business & Finance

      Ophir Energy plc (Ophir)announces that a subsidiary has entered into agreement with Ras Al Khaimah Gas Tanzania Ltd (RAKGas) to acquire a 70% interest and Operatorship of a Production Sharing Agreement (PSA) over an area designated as the East Pande Block in Tanzania. Completion of this agreement is subject to standard Government consents. The […]

  • 11 July 2017

    London-based Ophir Energy, the developer of the Fortuna FLNG project in Equatorial Guinea, said Monday its current chief operating officer William Higgs will be stepping down due to the company’s cost reduction measures. The company has no plans to appoint another chief operating officer or executive director. “In accordance with its firm commitment to deliver […]

  • 18 November 2016

    London-based Ophir Energy on Friday said it has made a number of changes to the membership of its board committees.

  • 21 June 2017

    London-based Ophir Energy on Wednesday said it has signed a $250 million reserve based lending facility with a group of banks.

  • 10 July 2017
    Business & Finance

    Oil company Ophir Energy has decided to reduce its staff at the company’s London head office. Ophir said last Friday that the company was further reducing the running costs of the business by implementing staff reductions in order to deliver a successful and sustainable business at a challenging point in the business cycle. As a […]

  • 21 June 2017
    Business & Finance

    UK-based oil and gas company Ophir Energy has signed a new $250 million reserve based lending facility (RBL) secured against the group’s producing assets in Southeast Asia. Ophir has a combination of production, development and exploration assets in Asia. In Thailand, Ophir has both oil and gas production and exploration. In Indonesia, Ophir has an onshore […]

  • 18 May 2018

    London-based Ophir Energy’s chief executive officer and executive director, Nick Cooper, has stepped down from his position with immediate effect. 

  • 12 March 2019

    London-based Ophir Energy reported a 58 percent jump in its 2018 revenue as the production doubled.

  • 18 October 2017

    London-based Ophir Energy, the developer of the Fortuna FLNG project, has signed a new production sharing contract for an offshore block in Equatorial Guinea. Ophir signed the deal with Equatorial Guinea’s Ministry of Mines and Hydrocarbons and national oil company GEPetrol for Block EG-24 offshore Rio Muni. Block EG-24, formerly Block EG-20 and Block M,  is one […]

  • 16 January 2018

    London-based Ophir Energy expects 2018 production levels to reach approximately 11,500 barrels of oil equivalent per day, similar to production rates of 2017. 

  • 10 March 2016

    London-based Ophir Energy, the developer of the Fortuna FLNG project in Equatorial Guinea, has reported a $376 million pre-tax loss for 2015 due to plunging oil prices and booking impairments against its assets. Following the 34% reduction in the commodity price during the year, the company’s producing and development assets were impaired on a pre-tax basis […]

  • 28 April 2015

    Ophir Energy said that it has completed the acquisition of four deepwater production sharing contracts in Indonesia from Niko Resources.

  • 9 March 2017

    London-based Ophir Energy on Thursday said it still expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in mid-2017.