{"id":15364,"date":"2025-12-02T08:55:06","date_gmt":"2025-12-02T08:55:06","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=15364"},"modified":"2025-12-02T08:55:08","modified_gmt":"2025-12-02T08:55:08","slug":"nigeria-nuprc-projects-10bn-investments-as-licensing-round-portal-opens-for-50-blocks","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-nuprc-projects-10bn-investments-as-licensing-round-portal-opens-for-50-blocks\/","title":{"rendered":"NIGERIA: NUPRC Projects $10bn Investments as Licensing Round Portal Opens for 50 blocks"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the 2025 Licensing Round Portal marking a major push to attract new global investment into the country\u2019s petroleum sector. Announced on December 1, 2025, by the Commission Chief Executive, Eng. Gbenga Komolafe, the new licensing round aims to raise $10 billion in fresh capital and add 2 billion barrels to Nigeria\u2019s national oil reserves over the next decade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A total of 50 oil and gas blocks have been opened to investors, covering a wide range of terrains including onshore, shallow water, frontier basins, and deepwater. According to the Commission, the available blocks are distributed as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>15 Onshore Blocks<\/li>\n\n\n\n<li>19 Shallow Water Blocks<\/li>\n\n\n\n<li>15 Frontier Basin Assets<\/li>\n\n\n\n<li>1 Deepwater Block<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Eng. Komolafe noted that the newly offered acreages hold massive potential for driving Nigeria\u2019s energy future, with projections showing the blocks could collectively generate up to 400,000 barrels of oil per day once fully developed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The NUPRC emphasized that the 2025 Licensing Round is designed to accelerate several national goals, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strengthening Nigeria\u2019s oil and gas reserves<\/li>\n\n\n\n<li>Expanding crude oil and gas production capacity<\/li>\n\n\n\n<li>Deepening gas utilisation to support industries and power generation<\/li>\n\n\n\n<li>Creating thousands of direct and indirect jobs<\/li>\n\n\n\n<li>Enhancing opportunities for local companies and indigenous investors<\/li>\n\n\n\n<li>Upholding transparency and accountability in line with EITI global standards<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The Commission reiterated its commitment to making the 2025 Licensing Round a competitive, transparent, and investor-friendly process, positioning Nigeria as a top destination for upstream investment in Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the 2025 Licensing Round Portal marking a major push to attract new global investment into the country\u2019s petroleum sector. Announced on &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-nuprc-projects-10bn-investments-as-licensing-round-portal-opens-for-50-blocks\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":15365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[12229,1749,9961,9962],"class_list":["post-15364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-2025-licensing-round-portal","tag-nigeria","tag-nigerian-upstream-petroleum-regulatory-commission","tag-nuprc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/12\/2025-Nigeria-Licensing-Round.jpg?fit=1080%2C763&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3ZO","jetpack-related-posts":[{"id":13014,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-nigerian-upstream-petroleum-regulatory-commission-announces-the-mini-bid-round-2022\/","url_meta":{"origin":15364,"position":0},"title":"NIGERIA: Nigerian Upstream Petroleum Regulatory Commission Announces the Mini Bid Round 2022","author":"","date":"December 22, 2022","format":false,"excerpt":"The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini Bid Round 2022). The Mini Bid Round is an opportunity to spur new exploration and drilling activities in the prospective deep waters offshore Nigeria. The Mini Bid Round is the first in a series of bid rounds, aimed at\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14325,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-launches-2024-licensing-round-at-otc-2024\/","url_meta":{"origin":15364,"position":1},"title":"Nigeria Launches 2024 Licensing Round at OTC 2024","author":"","date":"May 10, 2024","format":false,"excerpt":"The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday, May 7, announced the commencement of the 2024 Licensing Round at the on-going Offshore Technology Conference in Houston, Texas. At the event, the Commission Chief Executive (CCE), Engr. Gbenga Komolafe reiterated Nigeria\u2019s commitment to advancing its oil and gas sector and\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/NUPRC-OTC.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/NUPRC-OTC.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/NUPRC-OTC.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/NUPRC-OTC.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/NUPRC-OTC.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11475,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-nuprc-moves-to-close-2020-marginal-oilfield-bid\/","url_meta":{"origin":15364,"position":2},"title":"NIGERIA: NUPRC Moves to Close 2020 Marginal Oilfield Bid","author":"","date":"January 1, 2022","format":false,"excerpt":"The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to close out the 2020 marginal field bid round programme in line with the Petroleum Industry Act 2021 (PIA). This follows the successful completion of the marginal oilfield bid earlier in the year and the issuance of award letters to\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14435,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-receives-consent-from-nuprc-to-the-sale-of-naoc-to-oando\/","url_meta":{"origin":15364,"position":3},"title":"NIGERIA: Eni receives consent from NUPRC to the Sale of NAOC to OANDO","author":"","date":"July 25, 2024","format":false,"excerpt":"\u00a0Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)\u00a0for the sale\u00a0of NAOC Ltd to Oando Plc. Having already obtained all other relevant local and regulatory authorities\u2019 authorizations, this achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14300,"url":"https:\/\/www.oilnewskenya.com\/index.php\/pgs-data-supports-nigeria-2024-bid-round\/","url_meta":{"origin":15364,"position":4},"title":"PGS Data Supports Nigeria 2024 Bid Round","author":"","date":"May 4, 2024","format":false,"excerpt":"On Monday 29 April 2024, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) announced the opening of the Nigeria 2024 Bid Round. Twelve blocks are on offer: six located on the continental shelf, four deep offshore blocks and two onshore blocks in the Niger Delta. PGS Data Covers 10 Offshore Blocks\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":15557,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-tgs-commences-onshore-megasurvey-to-support-regional-exploration\/","url_meta":{"origin":15364,"position":5},"title":"NIGERIA: TGS Commences Onshore MegaSurvey to Support Regional Exploration","author":"","date":"January 25, 2026","format":false,"excerpt":"TGS,\u00a0announces the commencement of the Nigeria Onshore\u00a0MegaSurvey, a new regional-scale seismic\u00a0project\u00a0covering\u00a028,000 square kilometers\u00a0across the\u00a0Onshore Niger Delta.\u00a0\u00a0 The project\u00a0is\u00a0supported\u00a0by\u00a0industry funding and\u00a0is\u00a0in partnership\u00a0with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Petrodata Management Services\u00a0and\u00a0Reighshore\u00a0Energy Services, and\u00a0will\u00a0deliver\u00a0merged,\u00a0continuous, modern\u00a03D\u00a0seismic coverage across one of Nigeria\u2019s most established hydrocarbon provinces, with final products expected to be available\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/The-TGS-Nigeria-Onshore-MegaSurvey.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/The-TGS-Nigeria-Onshore-MegaSurvey.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/The-TGS-Nigeria-Onshore-MegaSurvey.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/The-TGS-Nigeria-Onshore-MegaSurvey.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/The-TGS-Nigeria-Onshore-MegaSurvey.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=15364"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15364\/revisions"}],"predecessor-version":[{"id":15366,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15364\/revisions\/15366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/15365"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=15364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=15364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=15364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}