Uncategorized – Renaissance

27 Mar

Renaissance Chairman Fatona Wins NMGS Top Honour, Urges Stronger Oversight in Mining, Energy

UYO, Nigeria, March 27, 2026// – Chairman of Renaissance Africa Energy Company Limited, Dr. Layi Fatona, has been awarded the 2026 Nigerian Mining and Geosciences Society (NMGS) highest honour, the NMGS/Shell Award, at the Society’s just concluded 61st Annual International Conference in Uyo, Akwa Ibom State.

Also honoured at the event is Renaissance’s Vice President for Exploration, Johnbosco Uche who received the 2026 NMGS/Durotoye/COMEG Award.

Speaking on the deserving attributes of the Fatona and Johnbosco, NMGS President, Ms. Rose Ndong, said their contributions to the growth of mining and geosciences had been consistent over the years and had brought about economic development to the Nigerian nation. “Your economic contributions to the profession also singled out for the awards,” she said.

In his acceptance speech, Fatona called for tighter regulation of Nigeria’s mining and energy sectors, warning against the proliferation of unqualified practitioners and the risks of weak enforcement, environmental neglect, and short-term opportunism.

“We are living in extraordinary times with the global energy transition accelerating and critical minerals becoming strategic assets,” Fatona said. “Nigeria must not be a spectator. We must be a strategic player, and that requires competence, discipline and professional integrity.”

He urged the industry to restore what he termed “professional sovereignty,” where trained experts lead practice and institutions enforce standards. “Capital must partner with competence — not replace it,” he added.

Fatona drew parallels between Nigeria’s oil and gas sector and its mining industry, noting that while the oil industry has matured faster, it has also faced challenges including environmental damage, governance issues and dilution of professional authority. He cautioned that the mining sector must avoid repeating those mistakes.

Reacting to the honour done two leaders of Renaissance, the Managing Director and Chief Executive Officer, Tony Attah, said the two recipients reflect the commitment of Renaissance to redefining Nigeria’s energy future with ambition, belief, and courage.

He said, “Every day, we benefit from the foresight, wisdom and experience of Dr. Fatona, including his vision and thoughts on how to better manage Nigeria’s abundant natural resources for the nation’s industrialisation.”

L-R: Managing Director and Chief Executive Officer of Renaissance Africa Energy Company Limited, Mr. Tony Attah; Mrs. Toyin Fatona; the recipient of he 2026 Nigerian Mining and Geosciences Society (NMGS) highest award, the NMGS/Shell Award, and Chairman, Renaissance Africa Energy Company Limited, Dr. Layi Fatona; President, NMGS, Ms. Rose Ndong; and the recipient of the 2026 NMGS/Durotoye/COMEG Award and Renaissance’s Vice President for Exploration, Mr. Johnbosco Uche, at the NMGS Awards Ceremony that rounded off the 61st NMGS Annual International Conference and Exhibition… in Uyo, Akwa Ibom State… on Wednesday

24 Mar

Nigeria must build resource resilience, says Renaissance Chairman

UYO, Nigeria, March 24, 2026// – Amid persistent volatility in global energy markets, the Chairman of Renaissance Africa Energy Company Limited, Dr Layi Fatona, has urged the Nigerian government and corporate leaders to strengthen national and corporate resilience by diversifying across oil, gas and mineral resources.

Speaking at the 61st Annual International Conference and Exhibition of the Nigerian Mining and Geosciences Society (NMGS) in Uyo, Akwa Ibom State, Fatona, whose remarks were delivered on his behalf by Renaissance Vice-President for Exploration, Johnbosco Uche, warned that Nigeria must prepare for commodity cycles, shifting energy geopolitics, and rising security risks.

“Infrastructure must be designed to withstand economic, environmental and security shocks,” he said, aligning his message with the conference’s theme: “Optimising Efficiency, Sustainability and Resilience in Resource Management and Infrastructure Development.” According to Fatona, the conference theme reflects both Nigeria’s current predicament and the future it must build in the context of an accelerating global energy transition.

Fatona argued that improving efficiency across the entire resource value chain, from exploration and development to production and market access, remains essential. He called for eliminating redundancies, reducing cycle times, and improving recovery rates. “Data‑driven decision‑making is central to unlocking efficiency gains,” he noted, adding that infrastructure remains a decisive enabler of value creation.

Resource endowment, he cautioned, offers little benefit without the supporting networks to monetise it. “Resource wealth without infrastructure is stranded potential,” he said, urging investment in transport systems, processing facilities, gas networks and export corridors. Integrated planning across the oil, gas and mining sectors, he added, would unlock scale, reduce costs and deepen domestic value capture.

On sustainability, the Renaissance chairman argued that it must evolve beyond a compliance exercise to become an embedded strategic principle. Environmental stewardship, host‑community inclusion and responsible resource utilisation, he said, should form the foundation of Nigeria’s extractive industries. “We must ensure that today’s extraction does not compromise tomorrow’s prosperity,” he said.

Fatona highlighted the transformative potential of emerging technologies, including digital subsurface modelling, artificial intelligence and automation, to improve safety, efficiency and recovery. Real‑time monitoring of infrastructure, he said, enhances reliability and reduces losses. Nigeria, he warned, must accelerate technological adoption if it hopes to remain globally competitive.

He commended President Bola Ahmed Tinubu’s administration for issuing executive orders aimed at improving the operating environment in the natural resources sector. These measures, he said, demonstrate a clear intent to prioritise the sustainable development of Nigeria’s resource base and strengthen the country’s industrialisation drive.

“In the sector in which I operate as Chairman of Renaissance, these actions continue to empower Nigerian operators and improve the ease of doing business,” he added. For a country with a rapidly growing population, abundant talent and vast natural resources, he described industrialisation as “a necessary vision.”

Fatona called on government, industry players and other stakeholders to intensify collaboration to ensure that Nigeria’s aspirations for industrial growth and economic diversification are fully realised.

Figure 1Chairman of the Board of Renaissance Africa Energy Company Limited, Dr. Layi Fatona.

13 Feb

MD/CEO at the International Energy Week (IEW) London

Managing Director and Chief Executive Officer, Renaissance Africa Energy Company Limited, Tony Attah, flanked by the Managing Director, Northern Endurance Partnership, Rich Denny (left), and the Director, Highland Sustainability Limited, John MacArthur, at the opening session of the 2026 International Energy Week at the International Energy Week (IWE), London.

About Renaissance

Renaissance Africa Energy Company Limited (Renaissance) is a dynamic, 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 in parts of the Niger Delta.

The JV’s participating interests are: NNPC (55%), Renaissance (30%), TotalEnergies (10%), and AENR (5%).

12 Feb

Renaissance Honoured as SAIPEC Pioneer, Showcases Transformational Local Content Leadership

Lagos, Nigeria – 12 February 2026: Renaissance Africa Energy Company Limited reaffirmed its thought leadership position in the advancement of Africa’s local content as the company’s General Manager, Nigeria Content Development, Lanre Olawuyi, was on Wednesday recognised with the prestigious Pioneers of SAIPEC Award during a ceremony at the just concluded Sub‑Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026 in Lagos.

Olawuyi received the honour following his impactful contribution as a panellist in the Local Content Masterclass: “Policy to Impact – African Success Stories.” His participation highlighted Renaissance’s deliberate, people‑centred and innovation‑driven approach to building local capacity across the energy value chain. During the panel session, Olawuyi emphasised that Renaissance’s success is built on a foundational belief in human capacity development. “Our first principle is simple: investing in people is where it all starts. If we get it right in developing people, we build a strong and reliable nation,” he said, underscoring the company’s commitment to nurturing engineering and geoscience talent through initiatives such as the Niger Delta Scholarship Programme.

He also spotlighted the company’s ‘Cradle to Career’ programme, which supports students from primary school through university, resulting in over 800 trained beneficiaries, many of whom now work across the industry. Olawuyi shared compelling examples of Renaissance’s intentional shift from foreign supply chains to indigenous manufacturing. One such success was the development of locally produced pipeline repair clamps — a product once sourced exclusively from abroad. By partnering with a Nigerian company in Warri, Renaissance enabled faster delivery, stronger supply security and job creation locally.

Speaking on employment creation, Olawuyi outlined Renaissance’s transformational approach to the Southern Swamp Associated Gas Projects (S‑S‑A‑G‑S), where the company engaged over 200 community contractors and employed more than 2,000 community members at peak, turning the project area into a significant hub of economic activity. “This is what deliberate investment in local content looks like,” he noted.

In addition to the SAIPEC recognition, Renaissance has continued to earn industry-wide acclaim for its leadership in Nigerian Content development. In 2025, the company was named the Nigerian Content International Upstream Operator of the Year at the Nigeria Oil and Gas Opportunity Fair (NOGOF), where Managing Director, Tony Attah, also received the Local Content Icon of the Year award, underscoring Renaissance’s sustained contribution to enhancing local value creation across Nigeria’s energy sector.

The “Pioneers of SAIPEC” Award recognises individuals who demonstrate leadership, innovation and sustained impact on Africa’s energy landscape. Olawuyi’s contributions — from human capital development to indigenous manufacturing and community empowerment — exemplify Renaissance’s purpose-led approach to energy development. Commenting on the recognition, a spokesperson for Renaissance said: “Lanre’s award is a testament to Renaissance’s philosophy that local content is not a burden — it is a national advantage. His leadership continues to demonstrate how policy can translate into measurable, life-changing impact across communities and industries.”

About Renaissance

The JV’s participating interests are: NNPC (55%), Renaissance (30%), TotalEnergies (10%), and AENR (5%).

L – R: Executive Secretary, African Local Content Organization, Ibrahim Talla; Executive Secretary, Petroleum Technology Association of Nigeria, Kevin Nwenze; General Manager, Nigeria Content Development, Renaissance Africa Energy Company Limited, Olanrewaju Olawuyi; Regional Manager, Africa Organisation, World Energy Council, Joy Osomiamhe; and Managing Director, Radical Circle Limited, Ranti Omole at the Award Night Ceremony of the 2026 Sub-Saharan Africa International Petroleum Exhibition and Conference in Lagos… on Wednesday

05 Feb

L-R: Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Managing Director/Chief Executive Officer, Renaissance Africa Energy Company Limited, Mr. Tony Attah; Renaissance Director and Chairman/CEO, Waltersmith Group, Alhaji Abdulrazaq Isa; and Renaissance Director and MD/CEO, Aradel Holdings, Mr. Adegbite Falade, receiving the award of Energy Deal of the Year presented to Renaissance at the ongoing Nigerian International Energy Summit in Abuja on Tuesday night.

Renaissance Honoured for Landmark Onshore Deal.

Abuja, Nigeria — February 4, 2026 — Renaissance Africa Energy Company was on Tuesday night named the winner of the Energy Deal of the Year for 2025 at the Awards Night of the ongoing Nigeria International Energy Summit (NIES) in Abuja.

The award was in recognition of the historic $2.4 billion acquisition of Shell’s onshore assets in March 2025, a transaction widely regarded as one of the most consequential in Nigeria’s energy evolution.

The NIES awards committee noted the leadership of Renaissance in advancing local participation in upstream operations and reinforcing Nigeria’s strategic energy autonomy.

According to the award committee, for the first time in Nigeria’s oil and gas sector, ownership, operational control, and strategic direction shifted decisively into Nigerian hands, reinforcing indigenous leadership and strengthening Nigeria’s energy sovereignty.

“Some transactions change balance sheets. This one changed history,” the committee noted in Renaissance’s citation at the ceremony

Receiving the award, Managing Director and Chief Executive Officer of Renaissance, Mr. Tony Attah, said: “This recognition is deeply meaningful because it affirms a bold belief that Nigerians can build, operate, and lead world‑class energy enterprises at scale. The onshore asset acquisition from an international oil company was more than a transaction; it was a turning point for indigenous participation in our industry.

“I dedicate this honour to our exceptional workforce, our partners, and the communities we work with. Together, we are proving that Nigeria is not just a host to global energy but can be the driver, the innovator, and the standard‑bearer for Africa’s energy future.”

Renaissance’s recognition at NIES 2026 adds to a series of high‑profile industry awards the company secured in 2025 including the Energy Excellence Award at the Nigeria Oil and Gas Energy Week in July 2025.

In the same year, the company was named the Nigerian Content International Upstream Operator of the Year; while Attah received the individual category award of Local Content Icon of the Year at the Nigeria Oil and Gas Opportunity Fair organized by the Nigerian Content Development and Monitoring Board.

About Renaissance

The JV’s participating interests are: NNPC (55%), Renaissance (30%), TotalEnergies (10%), and AENR (5%).

L-R: Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Managing Director/Chief Executive Officer, Renaissance Africa Energy Company Limited, Mr. Tony Attah; Renaissance Director and Chairman/CEO, Waltersmith Group, Alhaji Abdulrazaq Isa; and Renaissance Director and MD/CEO, Aradel Holdings, Mr. Adegbite Falade, receiving the award of Energy Deal of the Year presented to Renaissance at the ongoing Nigerian International Energy Summit in Abuja on Tuesday night.

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