Lime Petroleum Holding has achieved first oil at the Sèmè Field. The high costs associated with the project’s initial well could jeopardize Lime’s future.
Rex International Investments has entered an agreement with Monarch Marine Holding and Peter M. Steimler to combine Lime Petroleum and Porto Novo Resources into a new joint venture...
Rex International Holding plans to focus on the pre-development phase of two recently awarded oilfield clusters offshore Malaysia over the next two years.
Rex International Holding and Duta Marine have signed two production sharing contracts for the Rhu-Ara and Diwangsa Clusters offshore Peninsular Malaysia.