NUPRC Lists 50 Oil Blocks, Slashes Signature Bonus to $7m

NUPRC Lists 50 Oil Blocks, Slashes Signature Bonus to Between $7m

As registration for the 2025 licensing round continues, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has listed 50 oil blocks covering onshore, shallow water, and deep offshore areas. The Commission, which launched the 2025 licensing round on December 1, announced a slash of signature bonus to between $3 million and $7 million as approved by …

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Leave a Reply

Your email address will not be published. Required fields are marked *