By Christie U. Omonigho
- Renaissance Africa Energy is targeting a production base of 500,000 barrels of oil and 1 billion cubic feet of natural gas per day by 2030
Energy Window International (Media) has gathered that Renaissance Africa Energy which is a consortium of five energy companies announced that it was seeking partners to help grow its portfolio and drive oil and gas development in Nigeria, says Tony Attah who is the Managing Director and CEO of the Conglomerate during a briefing – “Invest in African Energies” 2025 in Cape town.
He said: “We are born in Nigeria and made for Africa.” He added: “We strive to be Africa’s leading Energy Company, enabling energy security and industrialization in a sustainable manner.”
For Attah, it was an opportunity to make claims for Renaissance as a strong and critical portfolio with investment opportunities for companies to partner with as long as Nigeria’s oil and gas sector is concerned. Adding that the extensive infrastructure supports the company’s portfolio of 18 blocks – 15 onshore and 3 offshore – 46 producing fields, 643 active conduits, 29 flow stations and five gas plants. He also reiterated their commitment and ambition of building a pan-African oil and gas company. He added that company has already set its target to increase liquid production to 500,000 barrels per day by 2030 and 1 billion cubic feet per day of domestic gas supply.
It would be recalled that in March 2025, Renaissance Africa Energy – a consortium comprising ND Western, Aradel Holdings, First Exploration and Petroleum Development Company, Waltersmith Group and Petrolin Group – completed a $1.3 billion acquisition of energy major Shell’s offshore subsidiary the Shell Petroleum Development Company of Nigeria.
“Our vision is to be Africa’s leading Energy Company, enabling energy security and industrialization across the continent in a sustainable way.”