NUPRC Unveils Major Offshore Projects to Attract Investment

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has introduced a pipeline of significant offshore projects designed to attract new investments into Nigeria's upstream petroleum sector. This announcement was made at the Nigeria Investment Forum 2026 in New York by the Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, who was represented by Dr. Kelechi Ofoegbu, the Executive Commissioner for Corporate Services and Administration.

The NUPRC emphasized the potential of 22 major offshore projects, including 12 deepwater and 10 shallow-water developments, which are expected to drive substantial capital into the sector. Key projects identified include Bonga Southwest, Aparo, Zaba Zaba, Owowo, Bosi, and Egina South.

The commission also noted recent capital commitments to projects such as Bonga North, Obeta Gas Development, HIN Associated Gas Development, and Iseni Gas Development, indicating a growing investment interest in actual project development.