Skip to content
August 12, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • NUPRC Notifies Successful Bidders as $10bn Oil Licensing Round Enters Data-Leasing Phase
  • Business & Economy

NUPRC Notifies Successful Bidders as $10bn Oil Licensing Round Enters Data-Leasing Phase

Admin March 17, 2026
PIA

NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has completed the pre-qualification stage of the 2025 oil Licensing Round and notified successful pre-qualified applicants accordingly.

A statement by Eniola Akinkuotu, Head, Media and Strategic Communication, on Tuesday in Abuja, said the pre-qualification was done on March 16, in line with the 2025 Licensing Round Guidelines.

“With the pre-qualification stage now successfully completed, the Commission will from March 17 permit successful applicants to lease data in preparation for the technical and commercial bid submissions.

“Please note that the pre-qualified applicants are mandated to lease data only from the two data sources (as applicable) and upload evidence of payment as a prerequisite to the submission of bids.

“For more details, visit the licensing round portal: https://br2025.nuprc.gov.ng/,” Akinkuotu said.

A licensing round is a process by which the government grants oil and gas exploration and production rights to companies through a competitive bidding process.

In December 2025, the NUPRC opened bidding for 50 oil and gas blocks, aiming to attract 10 billion dollars in investment.

The 50 blocks comprise 15 onshore assets, 19 shallow water assets, 15 frontier assets and one deep water asset.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Eniola Akinkuotu NUPRC

Post navigation

Previous NAPTIP rescues 6 trafficked children, arrests 7 suspects in Niger
Next Kano Govt. demolishes illegal structures, warns developers

Related Stories

Nigeria considers crude supply reforms to aid Dangote, other refiners
  • Business & Economy

Nigeria considers crude supply reforms to aid Dangote, other refiners

August 12, 2026
LAWMA Tackles 16,000-Ton Daily Waste with Infrastructure Upgrades and Circular Economy Shift managing director
  • Business & Economy

LAWMA Tackles 16,000-Ton Daily Waste with Infrastructure Upgrades and Circular Economy Shift

August 11, 2026
Dangote refinery spurs West Africa fuel trading hub ambitions
  • Business & Economy

Dangote refinery spurs West Africa fuel trading hub ambitions

August 11, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Senate Issues 48-Hour Ultimatum to Seplat Energy, Others Over Audit Queries Senate passes Finance Bill
  • National News

Senate Issues 48-Hour Ultimatum to Seplat Energy, Others Over Audit Queries

August 12, 2026
Police confirms recovery of 9 dead bodies in Niger community Police
  • Metro News

Police confirms recovery of 9 dead bodies in Niger community

August 12, 2026
Police nabs Lagos pastor for allegedly defiling church member’s 2 daughters Ekiti abductors
  • National News

Police nabs Lagos pastor for allegedly defiling church member’s 2 daughters

August 12, 2026
Nigeria considers crude supply reforms to aid Dangote, other refiners
  • Business & Economy

Nigeria considers crude supply reforms to aid Dangote, other refiners

August 12, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.