Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended the leadership and staff of Renaissance Africa Energy Company Limited for driving the oil and gas output increase less than a year after the deal that saw the exit of Shell from onshore Nigeria.
The $2.4billion deal resulted in Renaissance emerging the operator of the biggest joint venture in Nigeria’s oil and gas industry.
A statement by Michael Adande, spokesperson of the firm, said the minister’s commendation came during his visit to the exhibition booth of Renaissance at the ongoing 43rd annual international conference of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos.