Business

Renaissance unveils continental strategy at Africa Energy Week

The Renaissance Africa Energy Company Limited has showcased its Pan-African operational strategy at the just concluded Africa Energy Week (AEW), at Cape Town in South Africa.

Renaissance, which acquired onshore and shallow water assets hitherto operated by Shell Petroleum Development Company is currently the operator of Nigeria’s largest upstream oil and gas joint venture,

A statement issued in Yenagoa, the Bayelsa State capital, by Mr. Michael Adande, Renaissance’s Spokesman said that introduction of the strategy signals a new phase of regional expansion and leadership in the energy sector.

Mr. Adande, who cited the Managing Director and Chief Executive Officer of the company, Tony Attah, in a statement during the conference, described Renaissance as a transformational force in Africa’s energy landscape.

His words: “We are Renaissance, not just in name, but in purpose.

“Our ambition is to catalyse a new beginning for Africa, one that delivers energy security and industrialisation through sustainable practices”, he added.

Renaissance is a wholly owned subsidiary of Renaissance Africa Energy Holding Company and operator of the NNPC/Renaissance/Total Energies/AENR Joint Venture and its assets spread across 18 oil mining leases in Nigeria’s Niger Delta.

The company’s boss described the acquisition of the shares of Shell in the former SPDC by Renaissance’s parent company, as a bold move.

“Acquiring SPDC was seen as ambitious, but we executed it with clarity and conviction.

“Today, Renaissance stands as the new face of Africa’s energy.” Attah said.

Speaking earlier on the sidelines of the AEW conference, Chairman of Renaissance, Dr. Layi Fatona, described the vision of the company as Afrocentric with a commitment to continental leadership.

“Our vision is clear on becoming Africa’s leading energy company enabling energy security and industrialisation in a sustainable manner.

“We are not just out to participate in Africa’s energy future; we are out to shape it. Our strategy begins in Nigeria but is designed for scale across the continent,”Fatona said.

The Africa Energy Week, which ran from Sept. 29 to Oct. 3, 2025, saw Renaissance executives take prominent roles in strategic discussions.

The Renaissance group hosted a fireside chat aimed at deepening brand awareness, while Fatona joined a panel on Frontier Plays within Africa’s Mature Basins, highlighting the role of legacy assets in the energy transition.

Adande noted that Renaissance’s vision, as articulated by its leadership, is to become Africa’s leading energy company, driving sustainable growth, innovation and regional integration in the oil and gas industry.

NAN

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button