Tag: 2025 Licensing Round

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the completion of the pre-qualification stage of the 2025 Licensing Round and shortlisted bidders for the 50 oil blocks offered by the Commission. It said it has notified successful pre-qualified applicants. NUPRC made this known in a statement released on Tuesday, March 17, signed by the …

NUPRC Falls Short of Revenue Target in August despite Improved Crude Output

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reassured its commitment to transparency and adoption of merit-based procedures for the emergence of winners of oil and gas blocks in the ongoing 2025 licensing bid round. This was part of the message from the Commission during the 2025 Licensing Round Pre-Bid Webinar held on Wednesday, January …

NUPRC: Nigeria can Now Produce above 2mbpd of Crude, Denies Report On N8.41trn Oil Theft

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 …

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

Chevron Nigeria has expressed its intention to participate in the 2025 petroleum licensing round, hailing the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its activities aimed at boosting the oil and gas business in the country. The Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit, Jim Swartz, gave the commendation when he visited the …

Chevron Indicates Interest in 2025 Licensing Round, Hails NUPRC

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has unveiled steps for participation in the 2025 Petroleum licensing round. The Commission formally launched the 2025 licensing round on Monday, December 1, 2025, with the official unveiling of its licensing portal. It says activities lined up for the licensing round will come in phases. In a video …

NUPRC Falls Short of Revenue Target in August despite Improved Crude Output

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the 2025 licensing Round, with a target of attracting up to $10 billion in investments. The Commission has officially opened the 2025 licensing Round Portal - http://br2025.nuprc.gov.ng for entries by potential investors. Pinnacle Daily had reported that the upstream regulator announced plans to commence the …

Nigeria Targets $10bn Investments as 2025 Licensing Round Portal Opens

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has identified 50 oil blocks that will be offered to interested investors during the 2025 petroleum licensing round. The Commission had earlier announced that the 2025 petroleum licensing round would take effect from December 1, 2025. It also clarified that the exercise, which is being conducted …

NUPRC Offers 50 Oil Blocks to Investors in December Licensing Round

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