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Rex International Holding
Company type
Public
Traded as
SGX: 5WH
Industry
Oil & Gas
Headquarters
Singapore
Key people
John d'Abo, (Executive Chairman) Mans Lidgren, (CEO)
Products
Rex Virtual Drilling
Website
https://www.rexih.com
Rex International Holding is an oil and gas company headquartered in Singapore and listed on the Singapore Exchange Securities Trading Limited’s Mainboard. The company was publicly listed on 31 July 2013 on Singapore Exchange's secondary board Catalist and started trading on the Singapore Exchange's Mainboard on 8 March 2022.[1]
The Rex Group currently has interests in exploration and production assets in Norway and Oman through its subsidiaries Lime Petroleum AS and Masirah Oil Limited respectively. Masirah Oil Limited holds operatorship for the asset in Oman.
Rex owns Rex Virtual Drilling, which is developed by its Swedish founders. Rex Virtual Drilling is a liquid hydrocarbon indicator that studies resonance information in seismic data, using unique algorithms that create 3D maps that show any correlation with the presence of oil in the ground.
Since its listing in July 2013, the Group has achieved four offshore oil discoveries. As at November 2023, the Group has interests in about 20 offshore licences, including two producing fields – Brage and Yme – in Norway,[2] and 1 offshore concession with a producing field – Yumna Field – in Oman.[3] In December 2023, the Group was awarded a Production Sharing Contract in Benin, West Africa.[4]
^Devi, Uma (26 January 2022). "Rex International gets in-principle go-ahead to move to SGX mainboard". Business Times. Retrieved 23 November 2023.
^Tay, Vivienne. "Rex unit obtains four offshore licences in Norway, including one with discovery". www.businesstimes.com.sg. Retrieved 23 November 2023.
^Gabriel, Anita (4 February 2014). "Rex International unit discovers oil in Oman well". The Straits Times. ISSN 0585-3923. Retrieved 23 November 2023.
^"Benin: Rex's joint venture company awarded a Production Sharing Contract in Benin, West Africa". www.energy-pedia.com. Retrieved 29 May 2024.
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