Search results for: Ophir

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  • 11 January 2019

    Indonesia’s Medco Energi has set a price for a potential offer for the takeover of London-listed oil company Ophir Energy – 48.5 pence a share in cash.

  • 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.

  • 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 […]

  • 3 November 2014
    Business & Finance

    Ophir Energy has confirmed it is interested in acquiring the entire issued and to be issued share capital of Salamander Energy. The announcement by Ophir today follows a statement issued on October 27 by Salamander, in which the Asia-focused oil company said it had been approached by Ophir and, separately, by a consortium led by Compañía Española […]

  • 19 June 2013

    Ophir Energy plc (Ophir) announces the spud of the Starfish-1 well in the Ophir operated Offshore Accra PSC. The Starfish-1 well is Ophir’s first well in Ghana and will be drilled by the Stena DrillMax drillship. The Starfish-1 well is located in water depths of 1,500m and has a target depth of 3,850m. The well […]

  • 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 […]

  • 2 January 2019

    Ophir Energy is in talks to sell the company to Indonesia’s Medco, a Southeast Asian energy and natural resources company listed on the Jakarta Stock Exchange. 

  • 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.

  • 13 April 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Ophir Energy has contracted WorleyParsons and INTECSEA for engineering and project management services on its Fortuna Project in Block R offshore Equatorial Guinea. We are pleased to announce the award by Ophir Equatorial Guinea (Block R) Limited of an agreement for provision of engineering and project management services for their Equatorial Guinea Block R Project […]

  • 17 June 2011
    Business & Finance

    Ophir Energy plc (Ophir) announced that it has entered into an agreement with a subsidiary of Petróleo Brasileiro S.A. (Petrobras) over Ophir’s interests in Production Sharing Contracts (PSCs) covering the Mbeli and Ntsina Blocks offshore Gabon. Subject to securing consent from the relevant Gabonese authorities, Petrobras will acquire 50% of Ophir’s interest in each of […]

  • 12 July 2017

    London-based Ophir Energy on Wednesday said it now expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in the second part of this year. Previously, Ophir and its partner, OneLNG, a joint venture between Golar LNG and Schlumberger, expected to make the final decision in mid-2017. “Given that the remaining […]

  • 30 January 2019

    London-based Ophir Energy on Wednesday said that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid. 

  • 28 August 2014

    As part of a reorganisation across all levels of the company designed to reduce costs, and adjust to the future needs of the business, the Board of Ophir Energy is to restructure and streamline the senior management team. The restructuring will result in a smaller Board with the number of Executive Directors reducing from three […]

  • 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.

  • 9 December 2015
    Project & Tenders

    UK-based Ophir Energy Ophir said it has signed heads of agreements for LNG offtake from its Fortuna FLNG project in Equatorial Guinea. The agreements were signed with six counterparties, all of whom are “established LNG buyers in European and Asian markets“, Ophir said in a statement released on Wednesday. Furthermore, the gross capital expenditure required […]

  • 28 January 2019

    Indonesia’s Medco Global has been given more time to decide whether it will proceed with the proposed takeover of Ophir Energy, or not. “At the request of Ophir, the Takeover Panel has consented to an extension of the deadline for Medco Global to either announce a firm intention to make an offer for Ophir or […]

  • 21 March 2019

    London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir. 

  • 13 January 2016

    Oil and gas company Ophir Energy plc has announced that it has appointed two new regional directors, namely, Dr John Bell to the position of Director – Asia and Dr Oliver Quinn to the position of Director – Africa and Global New Ventures. The company said that the new directors will start their new roles with […]

  • 5 May 2015
    Business & Finance

    Bermuda-headquartered owner and operator of liquefied natural gas (LNG) carriers Golar LNG has signed a 20-year tolling contract with Ophir Energy for the floating liquefaction and storage vessel GoFLNG Gimi, scheduled to start operations offshore Equatorial Guinea in the first half of 2019. Golar and Ophir have signed a binding heads of terms agreement for a midstream chartering […]

  • 7 January 2019

    London-based Ophir Energy said the Block R licensee containing the Fortuna gas discovery, will not be extended following the expiry of the license on December 31, 2018.

  • 21 March 2012

    London-based Ophir Energy recorded a loss of US$19.1 million for the year ended 31 December 2011. Key Financial and Corporate Events: – In July 2011, Ophir completed a US$383.9 million listing on the Main Board of the London Stock Exchange – 2011 year end cash balance of US$396.6 million – Recommended offer to acquire AIM-listed […]

  • 8 June 2011
    Business & Finance

    Ophir Energy plc (Ophir)  announces that it has entered into an agreement with subsidiaries of Noble Energy, Inc. (Noble) and Rocksource ASA (Rocksource) concerning Ophir’s interests in the Production Sharing Contract (PSC) covering the AGC Profond block in the offshore territory jointly administered by Senegal and Guinea Bissau. Under the terms of the agreement Noble […]