NUPRC eyes $30bn-$50bn investments from 22 offshore projects

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it is targeting between $30 billion and $50 billion in investments from 22 major offshore projects expected to come on stream between 2026 and 2030.
The projection was contained in a statement signed by its spokesperson, Eniola Akinkuotu, following a keynote address delivered by the Commission Chief Executive, Mrs Oritsemeyiwa Eyesan, at the Society of Petroleum Engineers’ Nigeria Annual International Conference and Exhibition (NAICE 2026) in Lagos on Wednesday.
Represented by the Executive Commissioner, Development and Production, Engr Enorense Amadasu, Eyesan said the planned investments would not only boost crude oi...