The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2026 oil and gas licensing round will commence by the third quarter of 2026, following approval from the Minister of Petroleum Resources.

The commission disclosed this in a statement issued on Wednesday after a visit by Meren Energy, formerly Africa Oil, to its headquarters in Abuja.

According to the statement, NUPRC Chief Executive Officer, Oritsemeyiwa Eyesan, announced the timeline while receiving the delegation.

“The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2026 Licensing Round will commence latest by Q3 2026, having received the approval of the Minister of Petroleum Resources in line with the Petroleum Industry Act,” the statement said.

Mrs Eyesan expressed satisfaction with the progress of the ongoing 2025 Licensing Round, noting that the commercial bid phase is scheduled for July, after which preparations for the next round would begin.