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Bid round

NUPRC woos investors ahead of licensing round

Players stake $18.2 bn to produce 600kbd Sopuruchi Onwuka Nigerian is pushing determined programmes to aggressively rebuild oil and gas production capacity from an industry that suffered acute investment drought and consequent plunge in production volumes in the past decade….

2025 Bid Round: NUPRC flaunts fiscal incentives to investors

Signs PSC with TotalEnergies-Sapetro consortium  Sopuruchi Onwuka The government has called on global upstream petroleum industry investment community to seize the advantage of the prevailing regulatory, fiscal and governance regime in seeking exploration licenses in the upcoming next bid round…