The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced June 12 as the deadline for the submission of technical and commercial bids by prequalified applicants for the 2025 licensing round.
The commission made the announcement in a post on its official X handle on Tuesday, stating that the move aligns with the 2025 licensing round guidelines.
“The NUPRC hereby notifies the general public that submission of technical and commercial bids by prequalified applicants for the 2025 Licensing Round closes on Friday, June 12 2026, at 16.30 hours (WAT) in line with the 2025 Licensing Round Guidelines,” the commission said.
The Nigerian government, under the Licensing round which commenced in December 2025, is offering 50 oil and gas blocks across onshore, swamp/shallow water and offshore terrains spanning diverse basins.
The government expects to attract about $10 billion in investments through the licensing round. It is also expected to add up to 2 billion barrels of oil output over the next 10 years with an estimated 400,000 barrels/Day of production volumes when the blocks are fully operational. Related News How Heirs Insurance Group became Nigeria’s fastest-growing insurer in 5-years National grid can transmit more power than Nigeria generates - TCN Boss Africa's rate-hold trend continues as Kenya resists calls to tighten
