Nigeria has awarded 37 oil and gas blocks to 31 companies after attracting about 200 bids in its 2025 Licensing Round, with frontier basins receiving investor interest for the first time under the Petroleum Industry Act

143 firms are set to compete for 50 oil blocks in Nigeria's 2025 licensing round. Discover how the NUPRC will evaluate bids for these crucial oil blocks.

143 firms are set to compete for 50 oil blocks across Nigeria's major and emerging hydrocarbon basins today. Learn more about the 2025 oil and gas licensin

• NUPRC targets 500m additional barrels to crude reserves