Renaissance Energy Eyes Expansion In Nigeria’s Oil, Gas Industry

Africa’s energy powerhouse, Renaissance Africa Energy Company Limited, has emphasized the need for stronger collaboration among oil and gas industry players to drive sectoral growth and maximize Nigeria’s vast hydrocarbon resources.

This call was made by the company’s Managing Director, Mr. Tony Attah, in a statement released by Renaissance’s spokesperson, Mr. Michael Adande, in Port Harcourt on Tuesday. According to the statement, Attah made the remarks during the opening ceremony of the Society of Petroleum Engineers (SPE) 2025 Nigeria Annual International Conference and Exhibition (NAICE) held in Lagos.

Represented by the Chief Technical Officer, Mr. Abdulrahman Mijinyawa, Attah noted that strategic partnerships between Renaissance Energy and other key players in the industry are critical to creating an investment-friendly environment in Nigeria.

“Collaboration will not only enable Nigeria to fully harness its abundant oil and gas resources but also position the country as a dominant force in Africa’s energy landscape,” he said.

Attah highlighted Renaissance’s commitment to this strategy, noting its role as a key operator in Nigeria’s largest upstream joint venture, alongside NNPC Limited, TotalEnergies, Agip Energy, and Natural Resources Limited (AENR). He stated that the company is focused on becoming a continental energy leader, championing energy security across Africa and supporting the sustainable industrialisation of Nigeria’s energy sector.

On Nigeria’s crude oil output, Attah revealed that Renaissance has increased its oil production by about 40% over the past four months, contributing meaningfully to the Federal Government’s 2.06 million barrels per day (bpd) production target.

He also disclosed that, for the first time in five years, the company had met its contractual gas supply obligations to the Nigeria Liquefied Natural Gas (NLNG) Limited—an achievement attributed to recent production gains.

Reaffirming Renaissance’s commitment to Nigeria’s development, Attah said the company remains dedicated to advancing industrialisation, generating employment, and supporting overall economic growth.

He described the annual NAICE conference as a vital platform where stakeholders converge to address the evolving challenges facing the energy sector, and collaborate on sustainable solutions.

“Participating petroleum engineers are working collectively to advance Nigeria’s economy, while meeting both national and global energy demands in a safe, secure, and sustainable manner,” he added.