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| Photo shows L-R: Managing Director and Chief Executive Officer Renaissance Africa Energy Company, Dr. Tony Attah, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe and Chairman of Renaissance Africa Energy Company Limited, Dr. Layi Fatona, after a delegation of the company visited NCDMB in Yenagoa, Bayelsa State on Wednesday. |
On April 16, 2025, Engr. Felix Omatsola Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), reaffirmed the Board’s full support for Renaissance Africa Energy Company Limited’s vision and long-term strategy.
Renaissance Africa Energy recently completed the acquisition of Shell Petroleum Development Company’s (SPDC) onshore oil assets in March 2025, marking a significant milestone in Nigeria’s energy sector.
This alliance reflects a shared commitment to leveraging Nigerian expertise and resources, fostering job creation, and supporting the Federal Government’s strategic policies on local content and energy development.
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| Photo shows senior personnel of Renaissance Africa Energy Company Limited during the company's visit to the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe in Yenagoa, Bayelsa State on Wednesday. |
Addressing a high-powered delegation of the company in his office at the Nigerian Content Tower (NCT) in Swali, Yenagoa, Engr. Ogbe said indigenous oil and gas companies are ever assured of an enabling environment by the Board, and that its Management team would be willing to engage with their counterparts from the Renaissance Group whenever the need arose.
He commended the company’s emphasis on Nigerian Content and plans to establish a foothold in other countries across Africa, assuring the delegation that NCDMB would provide their company with “double enabling environment” in support of its growth in Nigeria and abroad.
The NCDMB boss noted that Renaissance Africa Energy Company has a promising future, given the very competent hands in its employ who had held responsible positions in companies with track records of performance in the oil and gas sector.
Earlier the Managing Director and Chief Executive Officer of the company, Dr. Tony Attah, had thanked the Executive Secretary for the warm reception, assuring him and the NCDMB Management, “We are ourselves Nigerian Content – we’re wholly Nigerian.”
On the company’s long-term plan, he said, “We invest in Nigeria, but represent Nigerian Content across Africa…. Our mission is to be the African leader in energy but most importantly to enable energy security, to enable industrialisation.”
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| Photo shows directors of the Nigerian Content Development and Monitoring Board (NCDMB) joining the Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe in Yenagoa to receive a delegation of the Renaissance Africa Energy Company Limited at the Nigerian Content Tower in Yenagoa, Bayelsa State on Wednesday. |
In his own remarks, the Chairman of the Renaissance Group, Dr. Layi Fatona, recalled that the NCDMB had been very supportive to the SPDC in the past, and that it was their expectation that the new company, which has acquired the assets of the Anglo-Dutch giant, would continue to enjoy the same relationship.
The General Manager, Corporate Communications and Zonal Coordination of the NCDMB, Barr. Esueme Dan Kikile, in a brief comment noted that the vision of the NCDMB aligns with that of Renaissance, and that the two organisations would be able to collaborate productively to advance local content.
Renaissance Africa Energy Company Limited is a consortium comprising four leading indigenous oil companies, namely, ND Western Limited, Aradel Holdings, FIRST Exploration and Petroleum Development Company Limited (FIRST E&P), and Waltersmith Group, and an international energy company known as Petroni, a press release by Corporate Communications unit of NCDMB, explains.
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