Nigeria’s upstream petroleum regulator announces that 31 companies win 37 oil and gas blocks in the country’s latest licensing round. Multiple outlets report that the results are confirmed after the conclusion of the commercial bid conference held in Abuja at the Transcorp Event Centre. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is described as organising the exercise and running the competitive bidding phase. According to the reports, the conference attracts 143 companies that submit bids for the available blocks. The outlets agree that the final list of winners comprises 31 firms, together awarded 37 blocks, indicating some companies receive more than one block. While the articles reference the licensing round as 2025 or 2026, they all link the announcement to the same Abuja commercial bid conference and the NUPRC’s upstream licensing process. The reporting does not include further detail on which specific companies or blocks were awarded, nor does it outline the financial terms of the bids.
31 firms awarded 37 oil and gas blocks in Nigeria’s upstream licensing round
Nigeria’s upstream petroleum regulator announces that 31 companies win 37 oil and gas blocks in the country’s latest licensing round. Multiple outlets report that the results are confirmed after the c...
- The NUPRC holds a commercial bid conference in Abuja to conclude an upstream oil and gas licensing round.
- 31 companies emerge as winners of 37 oil and gas blocks.
- The conference takes place at the Transcorp Event Centre in Abuja.
- The bidding attracts 143 companies to submit bids.
- Some companies receive multiple blocks, resulting in 37 blocks awarded to 31 firms.
The winners emerged at the commercial bid conference held on Tuesday at the Transcorp Event Centre, Abuja, marking the conclusion of the competitive phase of the licensing exercise. The post NUPRC awards 37 oil blocks to 31 firms in 2026 licensing round appeared first on Vanguard News.
3 hours agoThirty-one companies have emerged as winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round. The development followed the conclusion of the commercial bid conference held in Abuja on Tuesday. The bidding exercise, organised by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, at the Transcorp Event Centre, attracted 143 companies, which submitted about […] Full list: 31 firms win 37 oil, gas blocks license
3 hours agoThirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round after a competitive commercial bid process in Abuja. The post BREAKING: 31 firms win 37 oil, gas blocks in Nigeria’s 2025 Licensing Round appeared first on Premium Times Nigeria.
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