Renaissance Africa Energy Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025 Amid $15B Investment Drive in Nigeria

Zawya

2 days ago

Tony Attah, CEO of Renaissance Africa Energy – a consortium of independent oil and gas companies -, has been confirmed to speak at this year's African Energy Week (AEW): Invest in African Energies 2025 conference, taking place from September 29 to October 3 in Cape Town. His participation comes at a pivotal moment as Renaissance Africa Energy spearheads one of Nigeria's most ambitious upstream investment campaigns following the company's landmark acquisition of energy major Shell's Nigerian subsidiary Shell Petroleum Development Company of Nigeria's (SPDC).
Attah's participation at AEW: Invest in African Energies 2025 is set to highlight Renaissance Africa Energy's transformative role in reshaping Nigeria's upstream sector. With a $15 billion investment plan targeting 32 oil and gas projects over the next five years, Renaissance Africa Energy is rapidly positioning itself as a key driver of indigenous oil and gas development in the Niger Delta region. The company's immediate operational success – exceeding its oil production target by 40% in its first month – underscores its commitment to growth, efficiency and stakeholder collaboration. At AEW: Invest in African Energies 2025, Attah is expected to share insight into this investment strategy.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Renaissance Africa Energy, a consortium comprising ND Western Ltd. Aradel Holdings Plc, FIRST E&P, Waltersmith Group and Petrolin, completed the $1.3 billion acquisition of SPDC's assets in December 2024. The move marked a turning point for local participation in Nigeria's oil industry and reflected the Nigerian government's commitment to empowering indigenous operators through the implementation of the country's Petroleum Industry Act, which improves the sector's fiscal framework, governance and regulatory procedures. The state-owned Nigerian National Petroleum Company Ltd. – which retains a 55% stake in the SPDC joint venture with Renaissance Africa Energy – has publicly acknowledged the company's swift progress. The joint venture is expected to play a pivotal role in helping Nigeria meet its national production goals – targeting over two million barrels per day (bpd) by 2025 and three million bpd by 2030.
With deep expertise across upstream, midstream and downstream operations, these partners bring a proven track record of performance, community engagement and innovation. Meanwhile, a combined asset base of $3 billion and production rate of 100,000 bpd positions Renaissance Africa Energy to deliver high-impact energy solutions across Nigeria and the continent. Under Attah's leadership, Renaissance Africa Energy operates under four strategic areas of focus: boosting oil production through drilling and rig operations; expanding pipeline and fabrication capacity; growing domestic gas supply; and enhancing gas exports through 22 dedicated projects. Under these pillars, one of the company's core objectives is to double gas output from 150 million to 300 million standard cubic feet per day, which will see support from critical infrastructure such as the Ajaokuta-Kaduna-Kano gas pipeline.
'Tony Attah's leadership at Renaissance Africa Energy is emblematic of the next phase of African energy: bold, locally-led and investment driven. Within weeks of assuming operations, the company exceeded production targets by 40%. This is the kind of leadership and execution Africa's energy future needs,' stated Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber.
Distributed by APO Group on behalf of African Energy Chamber.