Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » NCDMB, Renaissance Energy commit to collaboration, local content development

    NCDMB, Renaissance Energy commit to collaboration, local content development

    April 20, 2025
    Share
    Facebook Twitter LinkedIn WhatsApp
    *The Executive Secretary of the NCDMB, Engr. Felix Ogbe (left), and Board Chairman, Renaissance Energy, Dr. Layi Fatona

    Oritsegbubemi Omatseyin

    Lagos — The Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Engr. Felix Omatsola Ogbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited, a consortium that concluded acquisition of onshore oil assets of Shell Petroleum Development Company, SPDC, in March 2025.
    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.
    The Managing Director and Chief Executive Officer of the company, Dr. Tony Attah, 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 and enable industrialization.”
    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), Waltersmith Group, and an international energy company known as Petroni.

    Related News

    Oil prices under pressure by expanding OPEC+ output

    Indigenous capacity, investors confidence takes center stage at NOGOF 2025

    Crude prices climb on geopolitical risks

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    As IOCs exit onshore, NCDMB urges indigenous firms to ‘step up’

    May 23, 2025

    Gold climbed amid fiscal and geopolitical uncertainty

    May 23, 2025

    Oil prices under pressure by expanding OPEC+ output

    May 23, 2025

    Shell Nigeria Gas engages stakeholders on deepening gas distribution

    May 23, 2025

    Ibas launches secretariat overhaul, links infrastructure to public service efficiency

    May 23, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.