Global Infrastructure SherpaAkrake Petroleum Benin completes hook-up of MOPU and FSO at Sèmè Field
Akrake Petroleum Benin, a subsidiary of Rex International Holding via Lime Petroleum, completed the hook-up of a mobile offshore production unit (MOPU) and floating storage and offloading (FSO) vessel at the Sèmè Field offshore Benin.
Counterparts (3)
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- Akrake Petroleum Benin completed MOPU/FSO hook-up.
- Sèmè Field, offshore Benin, is the project location.
- Rex International Holding is a parent company via Lime Petroleum.
- Deal announced 2026-03-06.
Source Intelligence
The FSO Kristina was anchored in place during the past week, after which a flowline was installed connecting the Stella Energy 1 MOPU to the storage vessel. Oil has begun flowing into the FSO. First oil was achieved earlier in February from the AK-2H horizontal production well at the Sèmè Field. The AK-2H well targets the H6 reservoir in the Abeokuta Formation and was drilled with a 1,405-meter horizontal section, including about 950 meters of oil-saturated sandstone. The AK-2H well is designed to drain the western section of the field as part of the initial development phase alongside the planned AK-1H horizontal well. The Stella Energy 1 MOPU was converted from an inactive drilling rig by Drydocks World in late 2025.
"Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding via Lime Petroleum, has completed the hook-up of the mobile offshore production unit (MOPU) and floating storage and offloading (FSO) vessel at the Sèmè Field in Block 1 offshore Benin... Akrake Petroleum Benin holds about a 76% working interest in the project"
"Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding via Lime Petroleum"
"Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding via Lime Petroleum... Lime Petroleum said the FSO Kristina was anchored in place during the past week"
"the government of Benin holds 15%"
"Octogone Trading holds 9%"
"The production system uses the Stella Energy 1 MOPU, which was converted from an inactive drilling rig by Drydocks World in late 2025"
Timeline
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