The stratigraphic sequence observed in ophiolites corresponds to the crust-forming processes at Mid-oceanic ridges:
SEDIMENTS: Muds and cherts deposited since the crust formed
EXTRUSIVE SEQUENCE: Pillow lavas show magma/seawater contact
SHEETED DYKES: Vertical, parallel features which fed pillows above
HIGH LEVEL INTRUSIVES: Gabbros, indicative of fractionated magma chamber
CUMULATE SEQUENCE: Dunite-rich layers of unfractionated magma
MANTLE SEQUENCE: Harzburgite/lherzolite-rich mantle rock
The circulation of hydrothermal fluid through young oceanic crust causes alteration of the minerals observed: chlorite, for example, in the sheeted dykes. Often, ore bodies such as epidosites (Fe-rich deposits) are found - evidence of (the now relict) black smokers that continue to dominate the seafloor setting today.
Thus there is reason to believe that ophiolites are indeed oceanic crust; however, certain problems arise when looking closer... Compositional differences regarding silica content for example place ophiolite basalts in the domain of subduction zones (~55% silica) (whereas mid-ocean ridge basalts - MORBs - typically have a value ~50%). The crystallization order of feldspar and pyroxene in the gabbros is unexpectedly reversed, and ophiolites also appear to have a multi-phase magmatic complexity on par with subduction zones.