2025 bid round: NUPRC to offer 50 oil, gas blocks to investors
[NigerianEye - Nigeria] - 28/11/2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 50 oil and gas blocks located in various basins and terrains will be offered to interested investors during the 2025 petroleum licensing round. On November 11, the commission said the 2025 petroleum licensing bid round will commence by December 1, following approval from President Bola Tinubu. In a statement on Friday, the commission said the licensing round is being conducted in accordance with the provisions of the Petroleum Industry Act (PIA) 2021. “The Commission has identified fifty (50) oil and gas blocks across (…)
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