NUPRC Launches 2025 Upstream Licensing Round,Offers Blocks for Investors
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially launched the 2025 oil and gas licensing round, offering 50 blocks for bidding across five of Nigeria’s sedimentary basins, while emphasizing that only technically competent and financially capable firms will qualify. The move, the commission said, is designed to eliminate speculative participation and position Nigeria’s upstream…
