NCDMB Renaissance Energy Commit To Collaborate On Local Content Development
L-R: Managing Director and Chief Executive Officer Renaissance Africa Energy Company, Dr. Tony Attah, Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe and Chairman of Renaissance Africa Energy Company Limited, Dr. Layi Fatona, after a delegation of the company visited NCDMB in Yenagoa, Bayelsa State on Wednesday.

NCDMB, Renaissance Energy Commit To Collaborate On Local Content Development

April 17, 2025
2 mins read

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

Addressing a high-powered delegation of the company in his office at the Nigerian Content Tower (NCT) in Swali, Yenagoa on Wednesday, Engr. Ogbe said indigenous oil and gas companies are ever assured of an enabling environment by the Board, and that its management team would be willing to engage with their counterparts from the Renaissance Group whenever the need arose.

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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 “an 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 employ 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 of the company, Dr. Tony Attah, had thanked the Executive Secretary for the warm reception, assuring him and the NCDMB Management, “We are ourselves Nigerian Content – we’re wholly Nigerian.”

NCDMB, Renaissance Energy Commit To Collaborate On Local Content Development

Senior personnel of Renaissance Africa Energy Company Limited during the company’s visit to the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe in Yenagoa, Bayelsa State, on Wednesday.

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, to enable industrialisation.”

READ ALSO: NCDMB’s Ezeobi Unveils Book On Local Content, Strategic Communication

In his own 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 it was their expectation that the new company, which has acquired the assets of the Anglo-Dutch giant, would continue to enjoy the same relationship.

NCDMB, Renaissance Energy Commit To Collaborate On Local Content Development
Directors of the Nigerian Content Development and Monitoring Board (NCDMB), joining the Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe in Yenagoa to receive a delegation of the Renaissance Africa Energy Company Limited at the Nigerian Content Tower in Yenagoa, Bayelsa State, on Wednesday.

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.

READ ALSO: NCDMB Rallies NNPC, Oil Producers To Boost In-country Manufacturing Of Line Pipes 

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.

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