Nigeria Upstream Petroleum Decommissioning and Abandonment Regulations 2026
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 Petroleum Decommissioning and Abandonment Regulations, 2023 (the “2023 Regulations”), with effect from 9 March 2026. While the 2023 Regulations established the foundational framework for Decommissioning and Abandonment (“D&A”) obligations […]
Upstream Petroleum Fees and Rents (Temporary) Extension Regulations 2026
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 were designed to operate for an initial period of six months, with a possibility of extension for a further six months, subject to the approval of the Minister. Following […]
Nigeria 2025 Licensing Round
On November 11, 2025, the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) announced that Nigeria’s 2025 Licensing Round will commence on December 1, 2025. The announcement was made by the Commission’s Chief Executive, Engineer Gbenga Komolafe, at the 1MMBOPD Additional Production Investment Forum in London. The licensing round focuses on discovered but undeveloped […]
UPSTREAM PETROLEUM FEES AND RENTS (TEMPORARY) REGULATIONS, 2025
Introduction On May 5, 2025, the Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) issued the Upstream Petroleum Fees and Rents (Temporary) Regulations, 2025 (the “Regulation”) which is to serve as a temporary regulatory framework for the determination of fees and rents in the upstream sector pending consultations with stakeholders. The Regulation sets interim measures to […]
