Energy firm Renaissance successfully meets natural gas supply commitments with NLNG for the first time in half a decade
Renaissance Africa Energy Company Limited, a key player in Nigeria's oil and gas sector, has made significant strides in its operations. These advancements were discussed at the 2025 Nigeria Annual International Conference and Exhibition (NAICE), hosted by the Society of Petroleum Engineers in Lagos.
Tony Attah, the Managing Director of Renaissance, emphasized the need for broader collaboration across the industry to unlock more value from Nigeria's oil and gas sector. Attah also highlighted the importance of energy-focused events for stakeholders to engage in sector reforms and explore solutions to challenges in exploration, production, and sustainability.
One of the key announcements made by Attah, represented by Chief Technical Officer Abdulrahman Mijinyawa, was the company's plan to double its gas production capacity to 300 million standard cubic feet per day (MMSCF/D), up from the current 150 MMSCF/D, across its Niger Delta fields.
This expansion comes on the back of Renaissance Energy's impressive performance in oil production. The company has increased oil production by about 40% in the past four months, a feat that was acknowledged at the conference. Renaissance Energy exceeded its oil production target by 40% in its first month of operations following the takeover of Shell's onshore assets in May 2025, according to reports.
The recent progress made by Renaissance Energy supports the Federal Government's 2.06 million barrels per day (bpd) oil production target. The company is targeting a $15 billion investment over the next five years to revive legacy assets, expand infrastructure, and support Nigeria's oil production goal of 2.06 million bpd by year-end.
The renewed supply was made possible by a 40% increase in crude oil output over the last four months. This improvement in production is part of efforts to stabilise output and meet domestic and international supply commitments.
Renaissance Energy's progress was also marked by its ability to meet its contractual gas supply obligations to the Nigeria Liquefied Natural Gas (NLNG) Limited for the first time in five years. This achievement aligns with Nigeria's broader energy goals, as highlighted by Attah.
The recent improvements by Renaissance Africa Energy are a testament to the company's renewed operational focus and growing capacity to meet both crude and gas supply obligations. The company's strides in the industry are a positive development for Nigeria's energy sector and the nation's economy as a whole.
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