The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed total support for Renaissance Africa Energy Company Limited’s vision and long-term plan. The consortium concluded the acquisition of Shell Petroleum Development Company’s (SPDC) onshore oil assets in March 2025.

Addressing a high-powered company delegation in his office, Nigerian Content Tower (NCT) in Swali, Yenagoa, Engr. Ogbe said the board always assures Indigenous oil and gas companies of an enabling environment and that the company’s 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 a “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 employment who have held responsible positions in companies with track records of performance in the oil and gas sector. 

Earlier, the Managing Director and Chief Executive Officer, Dr. Tony Attah, thanked the Executive Secretary for the warm reception, assured 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 industrialisation.”

In his remarks, the Chairman of the Renaissance Group, Dr. Layi Fatona, recalled that the NCDMB had been very supportive of the SPDC in the past, and that they expected 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), and Waltersmith Group, and an international energy company known as Petroni.