Five months after acquiring Shell’s onshore assets in Nigeria, Renaissance Africa Energy Company Limited has secured membership in the International Association of Oil & Gas Producers (IOGP), becoming the third Nigerian firm and the fourth African company to achieve this status.

The announcement was made in London by IOGP, a global industry body that promotes best practices in health, safety, environment, and operations across the oil and gas sector.

IOGP Welcomes Renaissance

Chief Executive Officer of IOGP, Graham Henley, expressed enthusiasm about Renaissance joining the group: “I am delighted to welcome Renaissance Africa Energy Company to IOGP. Having worked in Nigeria some years ago, I understand both their challenges but also the tremendous expertise and insights that they have to share. I look forward to their active participation in our committees and subcommittees.”

A Milestone for Renaissance

Reacting to the development, Renaissance Managing Director and CEO, Tony Attah, described the membership as a significant step in the company’s transformation journey. “Joining IOGP barely five months after acquiring Shell’s assets is another milestone in our mission to drive energy security and industrialisation sustainably,” he said.

Attah emphasized that Renaissance aims to set new standards for the oil and gas industry in Nigeria and across Africa, urging other stakeholders to align with global best practices.

Commitment to Global Standards

Renaissance’s General Manager for Safety and Environment and the company’s representative to IOGP, Engineer Elozino Olaniyan, hailed the achievement as a strong endorsement of Renaissance’s operational standards. “This highlights our commitment to operate in line with global best practices across the entire value chain,” she noted.

Olaniyan further stated that Renaissance’s vision includes driving industrialisation, job creation, and economic growth in Nigeria through operational excellence and collaboration with credible global institutions.

Renaissance’s Position in Nigeria’s Oil Sector

Renaissance operates Nigeria’s largest oil and gas joint venture assets (NNPC/Renaissance/TotalEnergies/AENR JV), producing from onshore, swamp, and shallow water locations in the Niger Delta. The participating interests in the JV are:

• NNPC – 55%
• Renaissance – 30%
• TotalEnergies – 10%
• AENR – 5%