Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has updated its timeline for bringing back online an oil field off the coast of Benin that ceased production due to low oil prices in the late 1990s.

Akrake Petroleum Borr Drilling Gerd Block Lime Petroleum Holding Rex International Holding Stella Energy Union Oil Saga Petroleum Offshore Energy Singapore Benin Following Designed MOPU