Ophir Energy

This international oil and gas exploration company has an interest in 17 oil and gas projects across eight different African countries. After floating in July 2011, the firm, which is backed by Indian steel billionaire Lakshmi Mittal, entered the FTSE250 in September. While it has made a number of discoveries – in Tanzania and in Equatorial Guinea – many of Ophir’s assets are unproven as yet. Ophir plans to drill 10 wells in 2012, mainly in Tanzania, where it hopes to capitalise on liquid natural gas reserves.

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Analysts warned this morning that millions of Brits will face energy bill hikes of around 30 per cent. Research agency

October 7, 2021

Kwasi Kwarteng and Ofgem chief executive Jonathan Brearley have confirmed they had taken a unified position over the price ceiling

September 21, 2021

Thousands of Brits will be forced to make the devastating choice between heating and eating as energy bills rise, Martin

September 20, 2021
Ofgem is mulling proposals that would limit the amount of consumer credit energy suppliers can hold, which could see £1.4bn in excess payments returned to customers.

The Government wants energy firms to “stay afloat organically”, as the growing energy crisis led to company bosses saying the

September 20, 2021

Ophir Energy has accepted a £391m takeover bid from Indonesian oil firm Medco Energi, just over two weeks after its

January 30, 2019

Shares in Ophir Energy fell 2.2 per cent this morning as the company’s board rejected a takeover bid from Medco

January 14, 2019

Medco’s potential bid for London-listed Ophir Energy would create a strong player in south east Asia, but could fall through over

January 2, 2019

Oil and gas exploration company Ophir Energy has confirmed that it is still in discussions concerning a bid for Salamander

November 3, 2014

Oil firm Ophir Energy is preparing a takeover bid for London-listed Salamander Energy, in competition with Spanish energy company Cepsa.

October 26, 2014

FTSE 250-listed upstream oil and gas explorer Ophir Energy shook up its board yesterday with a major restructuring. It is

August 28, 2014

Africa-focused explorer Ophir Energy has announced a new gas discovery in Tanzania. The Taachui-1 well was drilled by the Deepsea

June 4, 2014

SHARES in Ophir Energy slumped six per cent in early trading yesterday, after the Africa-focused explorer said it had failed

May 27, 2014

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