XLE & Oil

Benin Ships 1st Crude Cargo for Decades From Revived Oil Field

Rigzone·Nov 13, 2026 · 2:00 PM CT
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Benin has shipped its first crude cargo in decades from the revived offshore Seme field, with the tanker Kriti Jade headed to Rotterdam and estimated to arrive Nov. 18, according to Bloomberg vessel-tracking data. The cargo of about 330,000 barrels was produced by Akrake Petroleum SA, Benin's state oil company said; Akrake began a drilling campaign last year and started production in the first quarter of 2026 after output had collapsed in the 1990s for lack of investment. The shipment underscores a broader business of restarting mature or idle West African fields.

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