NUPRC offers 40 oil blocks in 2026 bid round

By Obas Esiedesa, Abuja
ABUJA — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has unveiled 40 oil blocks for the 2026 licensing round as the Federal Government seeks to attract fresh investment into the upstream sector.
The blocks, located across land, shallow water and deepwater terrains, will be open to investors with the technical competence, financial capacity and commitment to develop Nigeria’s petroleum resources.
NUPRC Chief Executive, Mrs Oritsemeyiwa Eyesan, announced the licensing round during her closing remarks at the commission’s fifth anniversary celebration in Abuja on Tuesday.
She said the exercise followed approval by President Bola Tinubu and the ...