Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) says it will begin the 2026 oil and gas licensing round in the third quarter of 2026, subject to ministerial approval. Both outlets report that the regulator has received the required approval process through the Minister of Petroleum Resources, citing the Petroleum Industry Act (PIA) framework. Premium Times reports that the round will commence by the third quarter of 2026, while Vanguard states it will start not later than the third quarter. NUPRC says the timing is intended to help sustain investor interest in Nigeria’s upstream oil and gas sector. The announcements indicate that the licensing process is planned ahead of time to align with regulatory and ministerial requirements under the PIA. No details on the number of blocks, specific fields, application procedures, or dates for bid submissions are included in the reports provided.
NUPRC announces 2026 oil and gas licensing round for Q3 2026
Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) says it will begin the 2026 oil and gas licensing round in the third quarter of 2026, subject to ministerial approval. Both outlets report th...
- NUPRC says the 2026 oil and gas licensing round will start in the third quarter of 2026.
- The commencement timing depends on approval by the Minister of Petroleum Resources.
- The regulator cites the Petroleum Industry Act (PIA) as the basis for the process.
- NUPRC says the plan is aimed at sustaining investor interest in Nigeria’s upstream sector.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s 2026 oil and gas licensing round will commence by the third quarter of 2026 following ministerial approval, as the regulator seeks to sustain investor interest in the upstream sector. The post NUPRC announces 2026 licensing round appeared first on Premium Times Nigeria.
2 months agoThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2026 oil licensing round will commence not later than the third quarter of the year, following approval by the Minister of Petroleum Resources in line with the Petroleum Industry Act (PIA). The post NUPRC to launch 2026 Oil licensing round in Q3 appeared first on Vanguard News.
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