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.

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