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Rex International Holding Ltd. ( (SG:5WH) ) just unveiled an announcement.
Rex International Holding has appointed veteran petroleum engineer Mike Hopkinson as its new Chief Operating Officer, succeeding long-serving COO Svein Kjellesvik, who is retiring. Hopkinson, who has led subsidiary Masirah Oil since 2023, brings more than 30 years of upstream experience across multiple regions and project types, from exploration through to production.
The company highlighted Hopkinson’s recent leadership of Masirah Oil, operator of the Yumna Field in Block 50 Oman, as key to his selection, citing its continued focus on operations and an upcoming drilling programme in Oman. The change in operational leadership underscores Rex’s intention to strengthen execution capabilities in its core assets, particularly in Oman, as it advances its development and production plans.
More about Rex International Holding Ltd.
Rex International Holding Ltd. is a multinational oil exploration and production company listed on the Singapore Exchange Mainboard. The Group holds interests in exploration and production licences in Norway, Germany, Oman and Benin, and serves as operator for its assets in Oman, Benin and Germany, with a focus on upstream petroleum activities.
Average Trading Volume: 51,545,989
Technical Sentiment Signal: Sell
Current Market Cap: S$124.8M
For a thorough assessment of 5WH stock, go to TipRanks’ Stock Analysis page.