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Rex's Lime Petroleum wins new offshore licence in Norway

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Rex's Lime Petroleum wins new offshore licence in Norway

PC Lee Published on Thu, Jan 18, 2018 / 5:38 PM GMT+8

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SINGAPORE (Jan 18): Rex International, the tech-driven oil exploration company, announced its 87.84% subsidiary, Lime Petroleum AS, has won a new offshore licence in Norway.

The licence is PL818B, an extension of the licence PL818, which is held by the same operating JV comprising Aker BP, Lime and Statoil.

Rex says the two North Sea licences have "significant exploration potential" with the principal prospect Orkja straddling between them.

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