Rex International Holding ‘s subsidiary Rex International Holding has started the refurbishment of the Sèmè field, after almost three decades of inactivity, with an offshore drilling campaign and other oil activities.
Start of drilling at the Sèmè field
On August 4, 2025, Akrake Petroleum, a subsidiary of Rex International Holding, began drilling the first well in the Sèmè oil field, located in Block 1 offshore Benin. The operation is being carried out with the Borr Gerd jack-up rig and is part of a campaign that includes three wells within 100 days.
[post_relacionado]This program includes the drilling of two horizontal production wells targeting the H6 formation and a vertical appraisal well to investigate the H7 and H8 formations. This strategy will allow gathering information to advance to a second phase of reservoir development.
Moreover, the campaign is expected to be completed in the fourth quarter of 2025, at which time a mobile offshore production unit(MOPU) and a floating storage and offloading unit(FSOU) will be available. a floating storage and offloading unit (FSO)(FSO), both contracted and refurbished, will be available. Once installed, the MOPU will be connected to the drilled wells and is estimated to produce an initial 15,000 barrels of oil per day.
The project has the backing of the Benin authorities and the cooperation of local company Octogone E&P. Akrake Petroleum ‘s interest in the field is 76%, subject to the terms of the production sharing contract in place with the Benin government.
Rex International Holding is using its Rex Virtual Drilling technology to reduce exploration risks, supported by its subsidiaries in Germany and Norway. Akrake Petroleum is 100 % owned by Lime Petroleum Holding, which in turn is 80.14 % owned by Rex.
In addition to restarting production, subsurface data are being collected and will be integrated with reprocessed 3D seismic information from 2007, with a view to maximizing exploitation of deeper areas of the field. This integration of technology, expertise and regional cooperation enhances Rex’s strategy in its expansion within the African continent.
Source and photo: Rex International Holding