Time is running out for companies looking to grab a slice of Nigeria’s oil and gas sector—50 blocks up for grabs in the 2025 Licensing Round.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that registration and submission for Pre-Qualification under the Nigeria 2025 Licensing Round will close at 4:30 p.m. on Friday, February 27. Applicants must comply fully with submission requirements before the deadline.
The 2025 Licensing Round, launched December 1, 2025, offers 50 oil and gas blocks—15 onshore, 19 shallow-water, 15 frontier, and 1 deep offshore—aiming to attract $10–15 billion in investment and add up to 2 billion barrels to national reserves over the next decade. The two-stage process includes a qualification stage followed by bidding, designed to boost production, jobs, and the naira.
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