NUPRC
Coverage of NUPRC in the Nexus archive.
- NUPRC approved over $57 billion in oil, gas development plans since 2024—Official
Nigeria’s upstream petroleum regulator approved over $57 billion in oil and gas development plans since 2024. The country is preparing for 22 major offshore projects expected to attract $30 billion to $50 billion in investments between 2026 and 2030.
- PHOTO STORY: Firms begin commercial bidding for Nigeria’s deep offshore, shallow water oil assets
Oil and gas companies began commercial bidding for Nigeria’s 2025 licensing round in Abuja, with the NUPRC opening financial bids for exploration and production rights across 37 oil and gas assets. The assets include deep offshore and shallow water oil regions.
- NUPRC to hold commercial bid conference for 50 oil, gas blocks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will hold a commercial bid conference for 50 oil and gas blocks. The evaluation will consider parameters such as signature bonus, work programme commitment, and performance security.
- NCDMB, NUPRC, NMDRA, others, to conduct joint industry capacity audit
NCDMB, NUPRC, NMDRA, and other agencies are conducting a joint industry capacity audit to identify service providers capable of supporting major capital projects, including seven deep-water projects.