Oil production offshore Benin, Nigeria’s neighbor to the west, is set to begin by the end of January, the field operator said on Monday in what would be the first oil from the redeveloped field after it was shut down in 1998. Akrake Petroleum expects to start production at the Seme Field in Block 1 offshore Benin at the end of January 2026, when it completes the drilling of production well AK-2H in the reservoir section, set to start early this week, Akrake’s indirect owner, Singapore-based Rex International Holding Limited, said…