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Renaissance Africa Energy Company Limited

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  • RENAISSANCE: Energy for People and Planet.
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Our Vision

To be Africa’s Leading Energy Company Enabling Energy Security and Industrialization in a Sustainable Manner

Our Mission

To Sustain Existing Gains in the Oil and Gas Industry as a Launching Pad for Further Growth, National Development and Integration.

To Work for the Shared Prosperity of our Stakeholders through Upscaled Interdependencies

To Grow the Capabilities of our People Towards Becoming the Leading Energy Company in Africa

 To Grow and Integrate Our Business Value Chain to Accelerate National Industrialization.

MEET RENAISSANCE

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Multiple Years of Leadership Experience

Over 1200 Man-years of combined Oil and Gas industry leadership experience

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Over $3 Billion Asset

Collective Asset Base Value of over $3bln

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Proven Operational Experience

Extensive Operational Experience in the Nigerian Niger-Delta Region

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12 Operational Licenses

12 Operational Licenses plus 2 fully operational Modular Refineries

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Impressive Safety Track Record

Proud Legacy of Safety and Prime Operational Prowess

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Sustainability

Setting the standards for sustainable practices within the energy sector.

Multiple Years of Leadership Experience

Over 1200 Man-years of combined Oil and Gas industry leadership experience

Over $3 Billion Asset

Collective Asset Base Value of over $3bln

Proven Operational Experience

Extensive Operational Experience in the Nigerian Niger-Delta Region

12 Operational Licenses

12 Operational Licenses plus 2 fully operational Modular Refineries

Impressive Safety Track Record

Proud Legacy of Safety and Prime Operational Prowess

Sustainability

Setting the standards for sustainable practices within the energy sector.

RENAISSANCE'S CORE VALUES

(C.R.I.S.P)

We believe that collective strength breeds unparalleled success, and our combined achievements are a testament to this.

We have strived to establish a culture where everyone involved with us is treated with consideration and dignity.

We are founded on an unwavering commitment to honesty, transparency, and ethical conduct.

Safety is paramount, and therefore, embedded in our culture. From the boardroom to the operational space, we prioritize the well-being of all.

Excellence is our standard, so we measure success not just by meeting expectations but by surpassing them in all our exploits.

Who We Are

The Energy Revolution Vanguard

Embarking on a transformative journey, Renaissance Africa Energy Company (RAEC) stands as a consortium, uniting five energy companies, including four independent Nigerian companies and an international company to drive a collaborative force on a mission to harness Nigeria’s abundant energy resources as a catalyst for the present and future.

We proudly take the helm as Africa’s foremost energy company, dedicated to fostering energy security and sustainable industrialization, with a clear vision to lead the charge in fulfilling Nigeria’s aspirations for unprecedented industrial growth and production.

SEE Our Differentiated Principles
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What We Do

Committed to Africa’s Advancement

RENAISSANCE is on a dynamic journey to evolve into a world-class energy powerhouse, unleashing the entirety of our growth potential through collaborative efforts.

Seamlessly weaving through the midstream value chain and fortifying our core capabilities, we stand ready to be the cornerstone of national development and industrialization, signaling a new era of unparalleled progress.

SEE OUR Value Proposition

What We Do

Committed to Africa’s Advancement

RENAISSANCE is on a dynamic journey to evolve into a world-class energy powerhouse, unleashing the entirety of our growth potential through collaborative efforts.

Seamlessly weaving through the midstream value chain and fortifying our core capabilities, we stand ready to be the cornerstone of national development and industrialization, signaling a new era of unparalleled progress.

Demand-led
SEE OUR Value Proposition

Strategic Objectives

Our Standard for Energy Excellence

To be the leader in delivering Nigeria’s ambition for Oil & Gas Reserves and Production Growth.

To leverage Nigeria’s gas resources as catalyst for industrialization and to thrive beyond the energy transition.

To transform the organization into a world class energy company and unlock its full growth potential

Integrate and develop the midstream value chain and consolidate core capabilities.

To be the bedrock for national development and industrialization

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Our Shareholders

Meet the RENAISSANCE Powerhouse

- Incorporated in 2011
- Integrated Oil and Gas company
- Operating Oil 20,000bbl/d oil & Gas 350mmscf/d
- Largest indigenous Domestic Gas Producer
- Joint Operator OML34 (45% interest)
- JV Partner to NEPL

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Aradel Raec

- “Formerly Niger Delta Petroleum Resources;
- Operating 20,000bopd flow station, 100mmsfd gas plant and 11,000bopd modular refinery;
- Partnered in development of solar hybrid mini-grid power sites;
- Pioneer non-IOC gas supplier to NLNG;
- Host community development fund template adopted in the PIA

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- Operator of Ibigwe fields since 2008 with 15,000bopd flow station and 3,500bopd production capacity
- Operator of 5,000bpd modular refinery with phased expansion to 50,000bpd
- Over 1.5mln safe manhours
- Developing an Eco-Industrial & Innovation Park

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first E&P

- Integrated Oil and Gas company
- Developed Shallow water operations
- Operating over 40,000 bbls/day
- Holds interest in 5 licenses
- Over 4mln safe manhours no incident.

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prtrolin

- Over 30 years of experience in the African oil & gas industry (E&P, Multi-client marginal fields Trading, Downstream).

- Presence in 18 African countries across multiple sectors (11 in oil & gas).- Incubator for pan-African projects.

- Founding shareholder of MTN South Africa, Energy Africa/Tullow Oil and Perenco Gabon.

- Holds significant interest in Tullow Oil, Vivo Energy, Seplat, Aradel and ND Western.

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Renaissance Leadership

50 years professional experience in the oil, gas and mining sector across several African countries. He served as Chairman of the Board of Governors of OPEC twice, as Chairman of the Expert Committee of the African Petroleum Producers Organisation (APPO/APPA), as the founding Director of the national Department of Hydrocarbons of Gabon and as special advisor on Oil & Gas for most oil producing African countries. He is the founding Chairman of the Petrolin Group.

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Mr. Samuel Dossou-Aworet

Chairman – ND Western/Petrolin Group of Companies.

With over 40 years in the oil industry, Dr. Layi Fatona, a Petroleum Geologist, has a distinguished history with SPDC and Geotrex Systems Limited. His impact extends to board roles at Consolidated Hallmark Insurance Plc. and former chairmanship at Skye Financial Services Limited.

Advocating for increased Nigerian participation in the oil and gas industry, Dr. Fatona emphasizes indigenous contributions. He is co-founder and pioneer CEO of Niger Delta Exploration and Production Plc, now Aradel Energy, and remains a significant force in the industry.

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Dr. Layi Fatona

Vice Chairman – ND Western

Over 30 years of professional experience in business, financial services, and the oil & gas industry. He specializes in strategy and enterprise transformation and has participated in several international negotiators for oil & gas asset acquisition, including Oil Block (EG-23). He oversaw the commencement of export operators from the Ibigwe field in 2008.

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Mr. Abdulrazaq Isa OFR

Chairman – Waltersmith Group

Over 30 years professional experience with Shell, where he occupied significant roles in several countries including Nigeria, The Netherlands and USA. Previously the President of British Gas (BG) Nigeria with responsibility for the Integrated Gas, Exploration & Production business.

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Mr. Ademola Adeyemi-Bero

Managing Director – FIRST E&P

Over 25 years of professional experience and has led engagement teams in SPDC, Oando, and Ollserv. Has served In various senior executive capacities in the Oil and gas, power, and services sectors, with lead roles in engineering, operations and project management

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Mr. Gbite Falade

Managing Director/CEO – Aradel Energy

Over 30 years’ experience in the oil and gas industry, providing top quartile business leadership and bottom-line value delivery with focus on People, Transformation, Change-Management, Health Safety & Environment (HSE), and Risk Management. Previously worked in Nigeria, Russia, and the Netherlands growing to Senior Executive at Shell and C-Suite level, running a multibillion-dollar LNG business over the last five years.

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Engr. Tony Attah (FNSE)

Managing Director/CEO – RAEC

Over 30 years of diverse experience in Petroleum Exploration, Development, and Production management. Experience covered leadership positions in Nigeria, Europe, and the Middle East, with a track record of consistently high performance in diverse Technical, Management, and Leadership. Development Director Shell Companies in Nigeria for seven years. Managing Director and Board Chairman Shell Nigeria Exploration and Production Company for six years and recently Chairman BAT Advisory & Energy Company for the last two years.

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Engr. Bayo Bashir Ojulari

Executive Vice President – RAEC

Over 25 years of professional experience within oil and gas companies such as SPDC, AGIP, and NLNG. Has led teams to deliver projects in field operations, well intervention, gas plant operations, commercial deal negotiation, and community relations management.

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Mr. Eberechukwu Oji

Managing Director – ND Western

Others to be announced soon

*CHIEF FINANCE OFFICER
*GENERAL COUNSEL/COMPANY SECRETARY
*CORPORATE AFFAIRS DIRECTOR
*INDEPENDENT NON-EXECUTIVE DIRECTOR(1)
*INDEPENDENT NON-EXECUTIVE DIRECTOR (2)

TBA

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Chief Finance Officer

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General Counsel/Company Secretary 

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Corporate Affairs Director 

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Independent Non-Executive Director (1)

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Independent Non-Executive Director (2)

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