Renaissance increases Nigeria’s output by 100,000bopd
Tony Attah, chief executive of Renaissance Africa Energy, has stated that the company has increased Nigeria’s oil output by 100,000 barrels per day following last year’s acquisition of Shell’s onshore and shallow-water assets in Nigeria. The company is now supplying 2 billion standard cubic feet of gas per day to Nigeria LNG, he said. “We […]
renaissance africa
Tony Attah, chief executive of Renaissance Africa Energy, has stated that the company has increased Nigeria’s oil output by 100,000 barrels per day following last year’s acquisition of Shell’s onshore and shallow-water assets in Nigeria.
The company is now supplying 2 billion standard cubic feet of gas per day to Nigeria LNG, he said.
“We are linking production to power, industry and jobs, redefining the purpose of these assets for domestic value creation,” he added.
Speaking at the International Energy Week in London, Attah told industry leaders that Africa must be allowed to shape its own transition pathway.
“Africa should be enabled to lead its energy future – on its terms. This is not about slowing the global transition; it is about making it work,” he said.
Attah highlighted what he described as Africa’s energy paradox: despite holding around 40% of global solar potential and 9% of proven gas reserves, more than 600 million Africans lack access to electricity, while over 850 million rely on traditional biomass for cooking, contributing to about 800,000 premature deaths annually from indoor air pollution.