NUPRC has announced that 50 blocks are up for offer in the 2025 Licensing Round commencing on December 1, 2025.
In this newsletter, we break down what investors must know: From pre-qualification to bid-guarantee rules, to signature-bonus obligations, and the transparency standards that will shape competitiveness in this round.
If you are eyeing discovered fields, fallow assets, or new gas opportunities, this is the moment to position strategically.
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The Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) has issued the Nigeria Upstream Decommissioning and Abandonment Regulations, 2026 (the “2026 Regulations”), repealing the Nigerian Upstream
The Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) previously issued the Upstream Petroleum Fees and Rents (Temporary) Regulations, 2025 (the “2025 Regulations”). The 2025 Regulations
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