• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

West Africa’s Benin expects first oil production in January 2026 after delay

Simon Osuji by Simon Osuji
January 13, 2026
in Energy
0
West Africa’s Benin expects first oil production in January 2026 after delay
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter


In the News:

  • Benin is targeting first oil from the Seme Offshore Oil Field by end of January.
  • Drilling delays pushed production beyond the original 2025 timeline.
  • Output is expected to reach about 15,000 barrels per day.

West African nation Benin Republic is expected to produce its first commercial oil from the Seme offshore oilfield by the end of January 2026, after drilling challenges forced the country to miss its initial 2025 target.

Related posts

Nigeria stops state-owned oil firm from revenue collection, directs funds to state account

Nigeria stops state-owned oil firm from revenue collection, directs funds to state account

February 19, 2026
Nigeria’s electricity grid collapse crisis needs more than a $2.6 billion bailout

Nigeria’s electricity grid collapse crisis needs more than a $2.6 billion bailout

February 18, 2026

In a statement on Monday, Rex International, the oil firm behind the operation, said its indirect subsidiary, Akrake Petroleum, plans to commence production once drilling at the AK-2H production well is completed.

The start of production remains dependent on finishing the well, with drilling expected to begin early in the week. The main offshore facilities required for operations are already in place.

According to the statement, the Stella Energy 1 Mobile Offshore Production Unit and the Kristina Floating Storage And Offloading Unit have been deployed at the field ahead of first oil. These facilities are expected to support early production and crude evacuation once drilling is concluded.

The revised timeline follows delays that pushed the project beyond 2025, despite earlier plans to deliver first oil before the end of the year. Technical difficulties were disclosed in late December without a revised production date at the time.

Why first oil slipped past 2025

Akrake Petroleum explained that drilling operations at the Seme Field were slowed by geomechanical challenges in unstable shale layers above the main reservoir.

“Operations were slowed by geomechanical difficulties in unstable shale layers above the reservoir,” the company said.

It added that several technical incidents occurred, leading to repeated drilling restarts.

Track Africa’s energy trends as they emerge

Get exclusive insights across renewables, oil & gas, and infrastructure to stay informed and make smarter decisions.

The new geomechanical data collected during the campaign enabled adjustments to drilling parameters. These changes allowed crews to cross the complex zones during drilling of the AK-2H well.

The drilling programme includes the AK-1P exploration well, which is intended to assess deeper reservoirs beneath the main producing horizon. In addition, two horizontal production wells, AK-1H and AK-2H, are targeting the H6 reservoir.

Earlier, Lime Petroleum, the Norwegian majority shareholder of Akrake Petroleum, confirmed that the drilling issues meant production would not take place in 2025.

“As such, production will not take place in 2025. Nonetheless, drilling operations are continuing at the moment to attempt to resolve these issues,” Lime Petroleum said in a statement.

Borr Drilling’s jack up rig Gerd has been at the Seme Field since July 2025. A drilling campaign initially planned to last 100 days was extended into December due to the operational setbacks.

What comes next for the Seme field

Once production begins, output from the Seme Offshore Oil Field is expected to reach a plateau of around 15,000 barrels per day.

The company stated that meeting the end-January timeline will depend on completing the AK-2H well without further major incidents. Data from the AK-1P exploration well is also expected to help determine whether deeper layers could extend the productive life of the field.

Seme remains Benin’s only offshore oil discovery to have reached commercial production.

The field was discovered in 1969 by Union Oil and later developed by Norway’s Saga Petroleum.

Between 1982 and 1998, the field produced about 22 million barrels of crude before being shut due to low oil prices.

The current redevelopment plan involves three production wells connected to a mobile offshore production unit and linked to a floating storage and offloading vessel. The approach allows production to restart using existing discoveries rather than funding new exploration.

Akrake Petroleum holds a 76% operating stake in the Seme Field. The Government of Benin owns 15%, while local Oil Company Octogone Trading holds the remaining 9%.



Source link

Previous Post

Microsoft Has a Plan to Keep Its Data Centers From Raising Your Electric Bill

Next Post

5 Revealing Stats About Conflict in 2025

Next Post
5 Revealing Stats About Conflict in 2025

5 Revealing Stats About Conflict in 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

ARAX Holdings acquires 20% stake in the Nemesis’ blockchain-based metaverse

ARAX Holdings acquires 20% stake in the Nemesis’ blockchain-based metaverse

2 years ago
AMENTUM trains Ghana soldiers on Puma MRAP

AMENTUM trains Ghana soldiers on Puma MRAP

10 months ago
Akeso claims another PD-1/VEGF win; FDA requests more data from Novavax

I-Mab morphs into ‘hub-and-spoke’ biotech; Astellas passes on Taysha gene therapy

4 months ago
AOG 2023 Awards Winners Announced

AOG 2023 Awards Winners Announced

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.