Mon, Jul 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Ophir in $1.3 bln deal with Temasek unit for Tanzania gas

Posted on 15 November 2013

Britain’s Ophir Energy agreed a $1.3 billion sale of a stake in Tanzanian gas fields, bringing in a unit of Singapore’s Temasek Holdings to help fund a development project in the latest Asian investment in East Africa’s gas sector.
Ophir, whose shares soared 16 percent after the announcement of the long-awaited deal, said last month a sale process was under way with Indian state-run gas company GAIL in the running as a potential buyer………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14460 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031