NUPRC Closes 2025 Licensing Round Applications Friday

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that registration and submission of applications for pre-qualification for the Nigeria 2025 Licensing Round will close  on Friday, February 27, 2026.

The Commission made this known in an update shared via its X handle on Wednesday.

According to the statement, NUPRC said the portal for 2025 Licensing Round application shall close at 4pm on Friday, urging prospective investors to complement registration and application processes for pre-qualification.

It said the process is in line with Section 11.2 of the Licensing Round Guidelines.

“The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) hereby notifies the general public that registration and submission of applications for Pre-Qualification under the Nigeria 2025 Licensing Round shall close at 4.30pm on Friday, 27 February 2026, in accordance with Section 11.2 of the Licensing Round Guidelines,” part of the statement read.

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NUPRC advised all applicants to fully comply with the stipulated submission requirements within the prescribed timeline.

Pinnacle Daily had reported that the NUPRC launched the 2025 Oil Bid Licensing Round on December 1, 2025, with the aim of attracting investors and boosting activities in the country’s upstream oil and gas sector.

The upstream regulator announced that 50 oil and gas blocks located across shallow offshore, deepwater and onshore terrains in Nigeria were on offer.

Meanwhile, the Commission has set a target of attracting over $10 billion investments in the oil and gas sector and adding additional two million barrels of oil production.

At a pre-bid conference held in Lagos in January the Minister of State Petroleum Resources (Oil), Heineken Lokpobiri and Commission Chief Executive of the NUPRC, Oritsemeyiwa Eyesan, pointed out that selection of winners of the bid round would be based on technical and financial capacity.

They also highlighted government’s decision to cut down the signature bonuses to be paid by successful winners of the bid round from not less than $10 million to between $3 million and $7 million, depending on the size, location and nature of oil wells being advertised.

 

Victor Ezeja, a journalist, and scholar
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Victor Ezeja is a passionate journalist, scholar and analyst of socioeconomic issues in Nigeria and Africa. He is skilled in energy reporting, business and economy, and holds a master's degree in mass communication.

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