Rex International’s Oman drilling delays leave Q3 spending USD 14.37 million below forecast

Bitget2026/11/06 09:51

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Rex International used US$ 74.87 million in third-quarter 2026, US$ 11.69 million below projections.
Oman spending was US$ 9.57 million as drilling delays affected three development wells at the offshore Yumna Field.
Norway spending totaled US$ 58.32 million, broadly matching projections, with developments at Brage and Bestla ongoing to increase production.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rex International Holding Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: G3B4ANQNZ8CQ76KD) on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rex International’s Oman drilling delays leave Q3 spending USD 14.37 million below forecast

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