…Reiterates commitment to continue to increase production
The Chairman of Renaissance Africa Energy Company Limited, Dr. Layi Fatona, led a team of company executives, including Managing Director and Chief Executive Officer, Mr. Tony Attah, on a courtesy visit to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, at his office in Abuja.
The visit is part of Renaissance’s engagement with key stakeholders since it finalised, in March 2025, the landmark purchase of SPDC shares, taking full ownership of SPDC’s 30% participating interest in the joint venture.
The meeting enabled the Renaissance team to reiterate its commitment to the Federal Government’s economic priorities to increase oil and gas output, improve revenue generation for the country and deepen Nigerian Content and Nigerians’ participation in the industry.
Renaissance’s success in ramping up production to over 200, 000 barrels per day in the first month of taking over the operations of the JV earned the company applause from the Honourable Minister, Edun.
READ ALSO:
- Tems To Curate ‘Children Of Blood And Bone’ Soundtrack
- Sunday Igboho recounts escape from DSS raid on Ibadan residence
- Police nab suspect, recover locally made firearm
- Students protest killing of polytechnic final year student in robbery attack
- Burna Boy, Shakira’s ‘Dai Dai’ Makes World Cup Chart History
Renaissance is a dynamic and rapidly expanding energy leader, committed to powering Nigeria and Africa’s energy security and industrialisation through sustainable energy solutions.
As the operator of Nigeria’s largest oil and gas Joint Venture assets (NNPC/Renaissance/TotalEnergies/AENR JV), Renaissance produces from diverse onshore, swamp, and shallow water locations across the Niger Delta.
The JV’s participating interests are: NNPC (55%), Renaissance (30%), TotalEnergies (10%), and AENR (5%).
