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The companies' continued collaboration will fundamentally reshape Nigeria’s energy landscape. (Image source: Heirs Energy)

Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance’s leadership team, led by Tony Attah

The meeting, which marked the first formal engagement between the two companies post-Renaissance’s successful transition, focused on mutual priorities and shared commitment to advancing Nigeria’s oil and gas sector through indigenous leadership and innovation.

Speaking during the visit, Osa Igiehon emphasised the significance of indigenous companies leading Nigeria’s energy transformation. “We are happy to connect with the leadership of Renaissance and congratulate them on their successful deal and transition,” said Igiehon. “As indigenous firms, we all have a duty to the continued development of the industry. The thinking and how we approach things will be different now, as we’re both indigenous companies committed to Nigerian excellence and driving unprecedented production growth.”

The CEO highlighted the natural synergy between the two organiations and the transformative potential of their collaboration. “Heirs Energies and Renaissance are closely linked, and we’re looking forward to continued collaboration that will not only benefit our companies, but fundamentally reshape Nigeria’s energy landscape. Together, we have the capability and commitment to accelerate production across our assets and drive the kind of innovation that will position Nigeria as a global energy leader.”

Tony Attah, Managing Director of Renaissance Africa Energy Company, expressed enthusiasm for the partnership, stating: “We are equally happy to connect and engage with Heirs Energies. This collaboration represents a significant step forward as we pursue our shared vision for the industry.”

He emphasised Renaissance’s commitment to driving transformational change across the energy value chain, “Renaissance is on a journey to drive increased production and development across the entire value chain, and partnering with like-minded indigenous companies like Heirs Energies is fundamental to achieving these objectives.”

The collaboration between these two leading indigenous energy companies signals a new era of homegrown expertise and innovation in Nigeria’s oil and gas sector. Both companies bring complementary strengths and shared values that position them to accelerate production growth through innovative approaches, develop local capacity and expertise across the energy value chain, drive sustainable industry practices that benefit Nigerian communities, leverage indigenous knowledge and understanding of local operating environments, and create synergies that enhance operational efficiency and market competitiveness.

Heirs Energies Limited is Africa’s leading indigenous-owned integrated energy company, committed to meeting Africa’s unique energy needs while aligning with global sustainability goals.  Having a strong focus on innovation, environmental responsibility, and community development, Heirs Energies leads in the evolving energy landscape and contribute to a more prosperous Africa.

The Ahara license is vast, ranging approximately 14,900 sq km. (Image source: Adobe Stock)

The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT)-hosted Algeria Bid Round 2024 saw TotalEnergies win the Ahara license, alongside Qatar Energy

This was ALNAFT's first call for tender conducted under the hydrocarbon law No.19-13.

The Ahara license is vast, ranging approximately 14,900 sq km, located at the intersection of the prolific Berkine and Illizi Basins.

While both the partners will hold equal shares 24.5% each, TotalEnergies will serve as the operator during the Exploration and Appraisal phases of the license.

The national company SONATRACH will retain a majority interest of 51%, in accordance with Algerian law.

“TotalEnergies is delighted that its joint bid with QatarEnergy has led to the award of the Ahara license, allowing us to write a new chapter in our long-lasting partnership with SONATRACH in Exploration in Algeria”, said Patrick Pouyanné, chairman and CEO of TotalEnergies.

Golden Swan’s advanced infrastructure is designed for the management of hazardous and industrial waste generated by upstream and downstream operations. (Image source; Adobe Stock)

The recent visit of Gabonese President Brice Oligui Nguema to Equatorial Guinea’s Golden Swan industrial complex marked a defining moment for Africa’s oil and gas sector

Golden Swan stands as an example of environmental protection and energy development going hand in hand.

Designed for the management of hazardous and industrial waste generated by upstream and downstream operations, Golden Swan’s advanced infrastructure includes industrial incinerators, a wastewater treatment plant, a medical waste processing unit and recycling systems for waste oil, plastics, batteries and metals. The company’s household waste system reduces landfill use by up to 90% through sorting and recycling, and its production of critical industrial gases like medical oxygen and nitrogen.

The visit also sets the stage for tangible collaboration between Gabon and Equatorial Guinea, beyond high-level dialogue. Opportunities now exist for technical cooperation, joint ventures and knowledge sharing that could see similar waste management infrastructure developed across the region. 

The Coral South Project has contributed to 50% of Mozambique’s GDP growth in 2023. (Image source: Adobe Stock)

The progress of Mozambique's Coral South Project drove exchanges as Daniel Francisco Chapo, the President of the Republic of Mozambique, and Claudio Descalzi, Eni's chief executive officer, met in Maputo to discuss the company's ongoing and future activities in the country

The Coral South Project has contributed to 50% of Mozambique’s GDP growth in 2023 and is projected to represent 70% of GDP growth in 2024 according to the International Monetary Fund, and the recently approved Plan of Development by the Government of Mozambique, for the implementation of the Coral North FLNG project, that will enable the expansion of LNG production from the Coral reservoir in Area 4 of the Rovuma Basin.

The meeting also highlighted Eni’s strategy to diversify its activities in Mozambique, as part of its broader commitment to the country’s energy transition. 

Eni has been present in Mozambique since 2006. Between 2011 and 2014, the company discovered vast natural gas resources in the Rovuma Basin, in the Coral, Mamba Complex and Agulha reservoirs, with around 2,400 billion cubic meters of gas in place. 

The AAGP initiative aims to tap into Europe's huge energy demand. (Image source: Adobe Stock)

The Nigerian government has reached out to Vitol, seeking the multinational energy company's financial and technical expertise to advance the US$25bn Atlantic Africa Gas Pipeline (AAGP) project

"I sincerely invite you to join us in making this project a success," said Kashim Shettima, Nigeria’s Vice President. "We need your expertise more than your money," he added, hoping to leverage the company's vast logistical expertise and international network to make the AAGP project a success. 

The AAGP initiative aims to tap into Europe's huge energy demand as part of Africa's gas monetisation drives such as the Nigeria LNG, among others.

"Nigeria has been a close and crucial partner for Vitol," said Jeffrey Dellapina, Vitol’s chief financial officer, emphasising that the company desires to "continue growing alongside it."

The AAGP project is already on the top of the energy agendas of the African Union and European Union, and Vitol getting onboard can draw further investors on a global scale. 

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