Category: REX
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African offshore oil field set to come online by month-end
African offshore oil field set to come online by month-end Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is planning to start oil production from an oil field off the coast of Benin by the end of January 2026. The post African offshore oil…
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Drilling ops run into technical glitches, postponing production start-up
Drilling ops run into technical glitches, postponing production start-up Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has encountered technical difficulties during its drilling activities at a field off the coast of Benin. The post Drilling ops run into technical glitches, postponing production start-up…
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Rex ending the year with corporate restructuring to pursue growth opportunities
Rex ending the year with corporate restructuring to pursue growth opportunities Masirah Oil, an affiliate of Singapore’s oil exploration and production company Rex International Holding, has repurchased some shares from its wholly-owned subsidiary, Rex Oman. The post Rex ending the year with corporate restructuring to pursue growth opportunities appeared first on Offshore Energy. Dragana Nikše…