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Lime Petroleum is pre-qualified as operator in Norway

Lime Petroleum AS (“Lime”) is proud to announce that the company has been pre-qualified as an operator on the Norwegian Continental Shelf (NCS) by the Norwegian Ministry of Petroleum and Energy on 28 March 2023, following the completion of a pre-qualification process which started in April 2022.

Mr Lars Hübert, Chief Executive Officer of Lime, said, “The pre-qualification as operator marks an important milestone for Lime, as it is a confirmation that Lime has built a competent organisation for all major functional areas. We have grown from strength to strength over the years, from a pure oil and gas exploration company with partner status, to one with production assets, and now with operator pre-qualification. We aim to expand on this trust and will continue to build a stronger presence on the NCS, actively seeking new opportunities to enhance our asset portfolio. Lime now also looks forward to using this operator status for further value creation.”

About Lime Petroleum AS

Established in 2012 in Oslo, Lime is a 91.65 per cent subsidiary of Singapore-listed Rex International Holding Limited. Lime was pre-qualified as partner company in February 2013 and has since built a portfolio of licences focusing on mature areas close to existing oil and gas infrastructure. The organisation has vast expertise in oil & gas exploration and production, both from Norway and internationally. The company uses high-quality seismic data and Rex Virtual Drilling technology together with conventional seismic attributes and analysis of the petroleum systems in its exploration efforts.

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