Weli says Renaissance has added 100,000 Barrels of Production

-Olufunke Afolami

Mr. Igo Weli, Vice President, Relations and Sustainable Development at Renaissance Africa Energy (REA) revealed that the company in the first 100 days has added 100,000 barrels of production.

Weli made this statement at the Energy Times Award recently.

According to the Renaissance helmsman, “we’re a great local content story, and since we took over the operations that SPDC used to manage onshore and shallow waters in the first 100 days, we have added 100,000 barrels to production.”

Renaissance is just over a year old and its ambition is to grow at a sustainable manner.

Weli submitted that the company is driven by three things known as ABC; ambition, belief and courage. “So we’re very ambitious, we have belief and courage to be the leading energy company in Africa to enable energy security in Nigeria because that will drive industrialization.”