FG Offers 40 Oil Blocks in Licensing Round
The Federal Government has opened the 2026 Nigerian oil licensing round, offering 40 oil blocks across land, shallow water and deepwater terrains to attract fresh investment into the upstream petroleum sector. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the blocks are open to investors with the required technical and financial capacity, as well as the commitment to develop the assets. The commission also introduced stronger transparency measures, including mandatory […]
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