When most people think of an oil and gas well, they often picture a well that goes straight down into the ground. While that remains a widely used method, advances in drilling techniques and technology have enabled operators to access hydrocarbon resources in more efficient ways. One of the most significant developments has been the adoption of horizontal drilling. So, what is the difference between a vertical and a horizontal well? And how do operators determine which appr

Rex was listed on the Singapore Exchange’s (SGX) Catalist in July 2013 with high public interest, as it was one of two upstream oil & gas companies to be added to the bourse during a time when locally listed oil & gas companies were mainly in the downstream or offshore & marine sectors. The Company has been committed to corporate governance from the start, guided by its continuing sponsor then who, as an intermediary between Rex and the exchange, advised on listing rule

As a lay investor, does the plethora of vessel types in offshore oil & gas production confuse you? Do you know the difference between a MOPU and an FSO? Or what terms like Aframax and Panamax mean? What are support vessels and what do they do? Here’s a breakdown of the more common vessel types, and the distinct role each plays in offshore energy operations. Common Vessel Types Panamax¹ vessels are medium-sized ships specially designed to pass through the Panama Canal. Bui

Akrake Petroleum Benin S.A. (Akrake), an indirect subsidiary of Rex International Holding (Rex), is using the Rex Group’s tried-and-tested production system comprising a Mobile Offshore Production Unit (MOPU) and a Floating Storage and Offloading unit (FSO) linked by a flow line, for the upcoming production operations in the Sèmè Field in Benin, for which it is the operator. Naturally, the choice of the right type of flow line is critical to field production. Flow lines tra

Every oil producer's aim is to extract as much oil as possible from their wells. Artificial lift systems are pivotal in enhancing the efficiency and productivity of oil production. ​From deep wells to mature fields, Electric Submersible Pumps (ESPs) and Gas Lift Systems are used to boost initial production in new wells and increase production from old wells. ​ Why Do We Need Artificial Lifts? When a well is first drilled, oil often flows to the surface naturally because of un

As a lay retail investor, do you find the jargon and numbers in an oil & gas Qualified Person’s Report (QPR) hard to understand? What can...

In the competitive landscape of upstream oil and gas production, efficiency and cost-effectiveness are critical. Rex International...

Rex's subsidiary Lime Petroleum (Lime) recently announced that, together with partners OMV Norge AS and Vår Energi ASA, it has been...

Masirah Oil Limited recently completed its multi-well programme in the offshore Yumna Field in Block 50 Oman on 8 June 2024. The task...