Nigerian Upstream Petroleum Regulatory Commission has announced the start of the 2025 Licensing Round, effective December 1, 2025, following approval from President Bola Tinubu. The initiative aims to unlock Nigeria’s undeveloped oil and gas fields, especially gas assets, and to boost upstream production by bringing previously discovered but unexploited fields into operation.
This licensing round continues Nigeria’s long-standing practice of attracting investors through periodic bidding exercises, with past rounds in 2000, 2005, and 2007.
In the meantime, NUPRC will release detailed guidelines, including available blocks and submission requirements, to ensure transparency for prospective investors.
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