The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on international investors to seize opportunities in Nigeria’s ongoing 2025 oil and gas licensing round, highlighting the transparent and predictable framework created by the Petroleum Industry Act (PIA) 2021.
Speaking at the opening ceremony of the 10th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos, NUPRC Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, said the licensing round offers 50 blocks across onshore, shallow water, and deep offshore terrains.
“To facilitate resource access, Nigeria has launched the 2025 licensing round, offering 50 oil and gas blocks across various terrains,” Eyesan said. “This initiative reflects a targeted approach to responsible resource development.
We invite capable investors to participate and help realise Nigeria’s promising upstream potential.”
She noted that renewed global interest in African hydrocarbons has boosted the continent’s energy investment outlook.Get The Full, Details. .
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
