Lime Petroleum is a small and fast-growing full cycle exploration and production company established in 2012. The Company was pre-qualified in February 2013 and has since then grown a portfolio of exploration and production licenses on the Norwegian Continental shelf. In 2021 The Company expanded from a pure exploration company to a full cycle exploration and production company. Our offices are located at Skøyen in Oslo. We have built a balanced portfolio of licenses in frontier and mature areas. Our goal is to grow our portfolio further through licensing rounds and farm-ins and to participate in 1-3 exploration wells per year. We use state-of-the-art data and technology, and in addition to market seismic attributes, we use an in-house DHI in the frequency domain, named “Rex Virtual Drilling” (RVD). Lime Petroleum is committed to a sustainable future engaging in projects that aim at lowering our carbon footprint. The Company is taking part in a project for Carbon Capture and Storage (CCS) as well as actively participating in initiatives to reduce CO2 emissions from operations where we are involved. Our parent company Rex International Holding is also engaged in initiatives to lower the carbon footprint of its operations. Lime Petroleum's strategy is to explore for, develop, and produce hydrocarbons, primarily focused on oil, on the Norwegian Continental Shelf in close cooperation with our operators and the authorities. Inspires new ideas that create energy for the world!
Ekstern lenke til Lime Petroleum AS
Drammensveien 145 A
0277 OSLO, NO
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Discover how Rex subsidiary Lime Petroleum AS is pioneering sustainability with a newly awarded CO2 storage licence in the North Sea.🌱 Dive into the transformative potential of Carbon Capture and Storage (CCS) technology and its crucial role in combating climate change. 🌍💨 Read more about this game-changing initiative! #RexInternationalHolding #RexContent #OilandGasIndustry #CarbonCapture #ESG #Sustainability
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🌐 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐎𝐮𝐫 𝐃𝐚𝐭𝐚 𝐏𝐫𝐢𝐯𝐚𝐜𝐲 𝐊𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞 𝐀𝐜𝐫𝐨𝐬𝐬 𝐁𝐨𝐫𝐝𝐞𝐫𝐬! 🌐 On 28 August 2024, Rex Group employees participated in a comprehensive data privacy training session hosted in our Singapore office. We were thrilled to have colleagues from our subsidiaries in Oman (Masirah Oil Limited) and Norway (Lime Petroleum AS) join us virtually via Teams! 🖥️🌍 A huge thank you to Ms. Charmian Aw, Data and Tech Partner at Squire Patton Boggs, for delivering such an insightful and engaging session, and for sharing relatable real-life battle stories. We are now more cognisant of the complexities of data privacy to be navigated, and how we must better safeguard our data and uphold the highest standards of compliance. 👏🔒 Together, we continue to foster a culture of awareness and responsibility in data management across all our locations. 🚀 𝘗𝘪𝘤𝘵𝘶𝘳𝘦𝘥 (𝘓-𝘙): 𝘔𝘴. 𝘊𝘩𝘢𝘳𝘮𝘪𝘢𝘯 𝘈𝘸, 𝘋𝘢𝘵𝘢 𝘢𝘯𝘥 𝘛𝘦𝘤𝘩 𝘗𝘢𝘳𝘵𝘯𝘦𝘳 𝘢𝘵 𝘚𝘲𝘶𝘪𝘳𝘦 𝘗𝘢𝘵𝘵𝘰𝘯 𝘉𝘰𝘨𝘨𝘴; 𝘔𝘴. Lai Siong MOK 𝘊𝘩𝘪𝘦𝘧 𝘊𝘰𝘮𝘮𝘶𝘯𝘪𝘤𝘢𝘵𝘪𝘰𝘯𝘴 𝘖𝘧𝘧𝘪𝘤𝘦𝘳 𝘢𝘵 𝘙𝘦𝘹 𝘐𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘏𝘰𝘭𝘥𝘪𝘯𝘨; 𝘔𝘴. Melissa Kwek 𝘏𝘦𝘢𝘥 𝘰𝘧 𝘓𝘦𝘨𝘢𝘭 𝘢𝘵 𝘙𝘦𝘹 𝘐𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘏𝘰𝘭𝘥𝘪𝘯𝘨 #RexInternationalHolding #DataPrivacy #Cybersecurity #EmployeeTraining
All of us at Lime Petroleum are proud to have been able to sponsor the young talent from Colombia to come to EAGE, and with this help furthering the geological professionals of tomorrow💪
On the last day of the 85th EAGE Annual, I want to express my sincerest gratitude to EAGE (European Association of Geoscientists and Engineers) for making this event an exceptional experience. The impeccable organization, high-quality presentations, and networking opportunities have exceeded all expectations, consolidating EAGE Annual 2024 as the best and most enjoyable event I have had the pleasure of attending. I would also like to extend a special thank you to Lime Petroleum AS for their generous sponsorship, which made my attendance possible. Their support has been crucial for many of us to benefit from this top-tier event. Guillermo Sebastian Lozada Avellaneda #EAGEAnnual2024
Lime Petroleum Holding AS and its subsidiary Lime Petroleum AS have successfully raised NOK 1.2 billion in NOK-denominated senior secured bonds with a three-year tear tenor. Lime will destine the proceeds to refinancing Lime’s existing bond, LPH’s exploration, development, and production activities, and general working capital in Norway and Africa.📊 https://lnkd.in/dQvtDGxr
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It’s common knowledge that Norway is at the forefront of recycling on the global stage 🌍♻️, but did you know that Norway’s high recycling rate of 97% for plastic bottles is due to the country’s efficient deposit return scheme? Consumers receive a small refund for returning used plastic bottles and aluminum cans! 💧➡️💵 For employees in Rex subsidiary Lime Petroleum AS, recycling is not just a checklist, it’s a way of life! 🌱 #RexInternationalHolding #RexContent #RexESG #Sustainability #ESG #Recycling #LimePetroleumAS
We are thrilled to announce that on the 20th of June, Lime Petroleum AS (30%) and partners OMV Norge AS (30%) and Vår Energi ASA (40%), was awarded The Iroko carbon storage licence by the Norwegian Ministry of Energy! The licence is located in the North Sea about 130 kilometres west off the coast from Haugesund and will be operated by Vår Energi. The Iroko area has the potential to store up to 7.5 million tonnes of CO2 annually for at least 30 years, a total of approximately 215 million tonnes. Lime CEO, Lars Hübert said, “We have worked on this project with our partners for some time now and are very pleased to be awarded this CO2 storage licence, a first for Lime and an important milestone to us, as it brings us a step closer to fulfilling our vision of a net zero future with an abundance of energy.” All of us at Lime are proud and pleased to be part of the solution to get a net-zero carbon future! https://lnkd.in/dpEpkM6f
Lime Petroleum And Partners Awarded CO2 Storage Licence In Norwegian North Sea Lime Petroleum AS (“Lime”), in partnership with OMV Norge AS and Vår Energi ASA, has been awarded a CO2 storage licence in the North Sea by the Norwegian Ministry of Energy today1. The Iroko carbon storage licence, located in the North Sea about 130 kilometres west of the coast from Haugesund, will be operated by Vår Energi. The Iroko area has the potential to store up to 7.5 million tonnes of CO2 annually for at least 30 years, a total of approximately 215 million tonnes. Lars Hübert, Chief Executive Officer of Lime, said, “We have worked on this project with our partners for some time now and are very pleased to be awarded this CO2 storage licence, a first for Lime and an important milestone to us, as it brings us a step closer to fulfilling our vision of a net zero future with an abundance of energy.” The licence partners of the Iroko carbon storage licence are: Vår Energi ASA (40%), OMV Norge AS (30%) and Lime Petroleum AS (30%). https://lnkd.in/dpEpkM6f
Lime Petroleum AS encourages young talent.
Today, I had the privilege of participating in the EAGE Student Field Trip: Fault Outcrops in Carbonate Rocks along the beach at Huk. This immersive experience allowed us to closely observe and study the geological features from Huk Naturiststrand to Hukodden strand, taking the opportunity to observe various outcrops along the way. It was an enriching morning where we learned and shared knowledge about the region's geology. Additionally, I had the opportunity to share this experience with geoscience and geophysics students from universities around the world, which further enriched our learning. I thank EAGE (European Association of Geoscientists and Engineers) for organizing this incredible field trip as part of the EAGE Annual 2024, and my colleagues for their enthusiasm and collaboration. Thanks Lime Petroleum AS for your sponsorship. #Geology #EAGEAnnual2024 #Learning #Science
Lime Petroleum AS la ut dette på nytt
Today, I had the privilege of participating in the EAGE Student Field Trip: Fault Outcrops in Carbonate Rocks along the beach at Huk. This immersive experience allowed us to closely observe and study the geological features from Huk Naturiststrand to Hukodden strand, taking the opportunity to observe various outcrops along the way. It was an enriching morning where we learned and shared knowledge about the region's geology. Additionally, I had the opportunity to share this experience with geoscience and geophysics students from universities around the world, which further enriched our learning. I thank EAGE (European Association of Geoscientists and Engineers) for organizing this incredible field trip as part of the EAGE Annual 2024, and my colleagues for their enthusiasm and collaboration. Thanks Lime Petroleum AS for your sponsorship. #Geology #EAGEAnnual2024 #Learning #Science
Meet Vlad! ✨ He is our Chief Geophysicist, and our colleague from the very beginning of Lime almost 12 years ago. This is his story about how he got into geophysics, and how his career brought him to Lime: I studied geophysics at the Leningrad Mining Institute. But the study required a broad and deep education, which included basic subjects such as mathematics, physics, chemistry, and specialized ones - geological and geophysical. In my third year of study, I especially liked the course “Linear Systems and Signals.” Exactly this course determined my professional career which started with borehole seismic processing (VSP) and expanded to 3D seismic acquisition, in-house and full on-board processing, and finally having reached seismic interpretation. Even as a teenager, I didn’t know that I would be a geophysicist, but I already for sure knew that my work would be related to geology. At the age of 12, I read the story “Territory” by geologist Oleg Kuvaev, about the search for gold, and since then I have been infected with the romance of new lands, discoveries and achieving goals. And for thirty-three years after graduating from the institute, I have worked as a geophysical Sherpa in geology, working in more than thirty countries and on all continents, even in Antarctica. One of the previous companies I worked for was Bergen Oilfield Services (BOS), whose investors and invited me to Lime, where in twelve years I went from processing and AVO geophysicist to Chief geophysicist. So, my entire adult life is related to geology and geophysics, and even my wife is a geophysicist, and my son is a geologist. But besides geology and geophysics, we also enjoy snorkeling, and I still love literature. Lastly, we asked Vlad if he has any advice for his current and future colleagues, and this was his answer: Have a dream and follow your dream.