Linklaters and Clifford Chance (CC) have acted on Ophir Energy’s sale of its stake in a Tanzanian oil and gas development to Singapore investment company Temasek. 

Temasek has acquired the 20% stake in the offshore liquefied natural gas (LNG) development from Ophir for $1.3bn (£810m), although the Lakshmi Mittal-controlled company will remain an investor in the joint venture.