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Ophir Energy farms out Gabon assets to Austria's OMV
18 Dec 2013

Ophir Energy farms out Gabon assets to Austria's OMV

Africa-focused oil and gas group Ophir Energy has farmed out a minority interest of its deepwater offshore blocks in Gabon in an effort to 'mitigate' ...

UPDATE 2-Statoil, ExxonMobil plan aggressive Tanzania exploration
6 Dec 2013

UPDATE 2-Statoil, ExxonMobil plan aggressive Tanzania exploration

* New gas find contain 2-3 tcf or 360-540 mln boe * Gas in licence seen at 17-20 tcf or 3.06-3.6 bln boe * Statoil sees potential for more resources i...

X-Tanzania assures Ophir Energy of smooth asset sale
5 Dec 2013

X-Tanzania assures Ophir Energy of smooth asset sale

By George Obulutsa NAIROBI, Dec 5 (Reuters) - Tanzania has assured Britain's Ophir Energy and a unit of Singapore's Temasek Holdings that their propos...

Wednesday broker round-up UPDATE
4 Dec 2013

Wednesday broker round-up UPDATE

Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betf...

FTSE 250 movers: Liberum Capital drives Ted Baker higher
3 Dec 2013

FTSE 250 movers: Liberum Capital drives Ted Baker higher

Liberum Capital comments pushed Ted Baker shares higher after rating them a 'buy'. Betfair climbed after posting earnings rather than losses (before...

GAIL India in talks to buy stake in Tanzania assets of Ophir - exec
3 Dec 2013

GAIL India in talks to buy stake in Tanzania assets of Ophir - exec

NEW DELHI, Dec 3 (Reuters) - State-run gas utility GAIL India Ltd is in talks to buy a stake in the Tanzanian assets of British oil explorer Ophir Ene...

West Africa bets on Brazilian style oil jackpot
29 Nov 2013

West Africa bets on Brazilian style oil jackpot

* Angola could double reserves * Brazil made huge finds in similar rock formations * Drilling to rise in 2014, Congo plans auctions * Pre-salt has tec...