NUPRC 2026 Oil Licensing Round

The Federal Government has launched the 2026 oil and gas licensing round, offering 40 blocks to investors. Announced by Mrs Oritsemeyiwa Eyesan of NUPRC, the initiative aims to attract investment and enhance transparency in Nigeria's upstream oil sector.

The Nigerian Upstream Petroleum Regulatory Commission announced the 2026 Licensing Round, offering 40 oil and gas blocks. Mrs Oritsemeyiwa Eyesan emphasized the need for qualified investors to develop Nigeria's petroleum resources, following President Bola Ahmed Tinubu's approval

The Nigerian Upstream Petroleum Regulatory Commission announced the opening of 40 oil blocks for investors in the 2026 licensing round, aiming to attract significant investment into the oil and gas sector as production rises to 1.82 million barrels per day.