Rex International


Despite slow recovery, some locally listed O&M players outperform STI

SINGAPORE (Dec 2): Year to date, the Straits Times Index has climbed 4.8% to close at 3,215.53 points on Nov 27.


IMF cuts global GDP forecast; Rex shares spike on oil discovery

SINGAPORE (Oct 21): Although the ongoing trade war between the US and China has offered glimpses of optimism, the global economy remains largely fractured and shows signs of sinking deeper into the

Insider moves

Amid persistent O&G slump, Rex International buys back own shares

(Aug 19): Rex International’s recent share buyback is a curious case of resource allocation.


Rex International divesting stakes in Norway assets for up to US$43 mil; stock rises 14.8%

SINGAPORE (Jan 28): Rex International announced on Monday it is divesting its stakes in two Norway assets through its 90%-owned subsidiary Lime Petroleum.


Rex divests entire stake in Steeldrum Oil Company for $2 mil

SINGAPORE (July 16): Rex International says that its indirect wholly-owned subsidiary, Rex Caribbean Holding Limited (BVI) and the other shareholders in Steeldrum Oil Company will be divesting thei


Rex's Lime Petroleum wins new offshore licence in Norway

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.

Rex International

Isle of Man Court orders immediate winding up of Lime Petroleum

SINGAPORE (July 4): An Isle of Man Court had ordered the immediate winding up of Lime Petroleum last Thursday, according to an announcement by Rex International on Monday.

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