Social Media Ideas for 2025 Oil Licensing Round

31 Winners Emerge in 2025 Licensing Round to Boost Nigeria’s Oil, Gas Output Plan

• NUPRC targets 500m additional barrels to crude reserves  •Fulfil all conditions within 90 days or lose award, Eyesan tells winners • Investors fail to bid for 13 blocks  •Firms

NUPRC declares 31 companies winner of oil, gas blocks in 2025 Licensing Round

A total of 143 companies had submitted 200 bids for 37 out of the 50 oil and gas blocks drawn from diverse terrains originally put on offer.

31 Companies Win 37 Oil and Gas Blocks in Nigeria’s 2025 Licensing Round (FULL LIST)

31 companies won 37 oil and gas blocks in Nigeria’s 2025 licensing round.   NewsOnline Nigeria reports that thirty-one companies have emerged as successful bidders for 37 oil and g...

31 firms win 37 oil, gas blocks in Nigeria’s 2025 Licensing Round

Thirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round after a competitive commercial bid process in Abuja. The post 31 firms win 37...

143 Firms Advance to Final Bid for 50 Oil, Gas Blocks

Emmanuel Addeh in Abuja No fewer than 143 companies have advanced to the final commercial bidding stage of Nigeria’s 2025 Licensing Round, where they will compete for 50 oil and

BREAKING: FG Returns 13 Oil Blocks to Licensing Pool After Failing to Attract Bids in 2025 Round

FG has returned 13 oil blocks to licensing pool after failing to attract bids in 2025 round.   NewsOnline Nigeria reports that the Federal Government has announced that 13 of the 5...

PHOTO STORY: Firms begin commercial bidding for Nigeria’s deep offshore, shallow water oil assets

Oil and gas companies on Tuesday commenced the commercial bidding process for Nigeria’s 2025 licensing round in Abuja, as the NUPRC opened financial bids for eligible investors see...

Eyesan: NUPRC May Adopt Biannual Licensing Cycles to Raise Oil Output

Sees 4 million bpd production in 10 years Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may begin conducting oil licensing rounds twice year...

NUPRC tasks fresh licence holders on rapid field development

NUPRC charges new petroleum licence holders from the 2022/2023 Mini Bid Round and 2024 Licensing Round to rapidly develop assets to meet oil targets. Read More: https://punchng.co...

Egypt Launches Upstream Bid Rounds Amid Renewed IOC Interest

Cairo aims to convert renewed investor confidence into exploration and production gains. Improved terms and cleared IOC arrears are creating...

Beyond the Noise: Putting Nigeria’s 2025 licensing round transparency to test, By Tajudeen Suleiman

The true measure of transparency is not the absence of scrutiny, but the presence of clear rules, public disclosure, and a process that can withstand independent examination The po...

Full list: 31 firms win 37 oil, gas blocks license

Thirty-one companies have emerged as winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round. The development followed the conclusion of the commercial bid conference he...

OQEP Plans To Explore Offshore Musandam In 2027

Omani state upstream firm OQ Exploration and Production (OQEP) said in its first half results call this week that it plans to start explorat...

EGPC Targets Western Desert Oil

EGPC is offering a total of six blocks up for investment, of which five are in the Western Desert, while the sixth is the South Lagia block ...

Nigeria returns 13 oil blocks after 196 firms qualify for commercial bid

NUPRC says 13 oil blocks were returned to the government’s licensing basket after they failed to attract bids The post Nigeria returns 13 oil blocks after 196 firms qualify for com...

FG Eyes 300,000 bpd Oil Output, 500m Barrels Reserve from New 37 Blocks in Three Years

Peter Uzoho Nigeria is targeting a minimum of 300,000 barrels per day (bpd) of crude oil and condensate as well as additional 500 million barrels reserve within the next three

NUPRC approved over $57 billion in oil, gas development plans since 2024—Official

Nigeria’s upstream petroleum regulator says it has approved more than $57 billion worth of Field Development Plans since 2024, as the country prepares for 22 major offshore project...

NUPRC to hold commercial bid conference for 50 oil, gas blocks

The commission said the commercial evaluation would be based on key bid parameters, including the signature bonus, work programme commitment and commitment to performance security....

Murphy Oil & Chariot Eye Mauritania Exploration Blocks

The Mauritanian government is considering awarding three exploration and production blocks to Murphy Oil and Chariot.

Tinubu Okays Fresh Deep Offshore Framework to Unlock $50bn Investment

• Order grants $3-$4.50/bbl standard tax credit, plus $1/bbl for future leases  •Incentives available to greenfield projects reaching FID by 2029  •Tax credits aimed at acceleratin...

EPRA Caps Borrowing for Future Oil Projects Ahead of Commercial Production

Under the proposals, firms that fail to allow for audits risk being fined with figures of up to Ksh20 million, with the regulations coming months ahead of commercial oil drilling i...

ExxonMobil, ANPG Notch 20th Discovery in Angola's Block 15

Oman launches EPC tender for Ras Markaz oil park expansion

MUSCAT: Oman has launched the engineering, procurement and construction (EPC) tender process for the next phase of development of the Ras Markaz Crude Oil Park, inviting qualified....

NNPC ready to implement new production sharing contract framework – Ojulari

NNPC is set to implement the new Production Sharing Contract framework, unlocking up to $50bn in deep offshore oil and gas investments. Read More: https://punchng.com/nnpc-ready-t...