By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will open its bidding portal for the 2026 oil and gas licensing round on November 20, as Nigeria steps up efforts to attract fresh investment into its upstream petroleum sector. The Commission Chief Executive, Oritsemeyiwa Eyesan, announced the date on Monday while engaging investors at…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Africa’s capacity to meet rising global energy demand will depend on increased investment, technology adoption and stronger local expertise across the oil and gas sector. The Director of Sub-Surface Development at the commission, MeEmmanuel Mac- Jaja, said this at the 2026 Original Equipment Manufacturers (OEMs)…
By Seun Ibiyemi The Federal Government has inaugurated the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), charging members to uphold transparency, accountability, and regulatory independence in the nation’s petroleum sector. The Secretary to the Government of the Federation (SGF), Sen. George Akume, gave the charge on Tuesday in Abuja during the formal inauguration…
By Seun Ibiyemi Global energy giant ExxonMobil has unveiled plans to invest billions of dollars in deepwater oil and gas projects in Nigeria, citing improvements in the country’s investment climate. The company disclosed this during a visit to the headquarters of the Nigerian Upstream Petroleum Regulatory Commission in Abuja as part of activities marking 20…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially declared the nation’s oil, condensate, and gas reserves as of January 1, 2026. The NUPRC Chief Executive, Mrs. Oritsemeyiwa Eyesan, revealed on Wednesday that crude oil and condensate reserves now stand at 31.09 billion barrels and 5.92 billion barrels, respectively, bringing total oil…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No. 5 agreement with SeaSeisGeophysical Limited to advance offshore oil exploration and strengthen Nigeria’s hydrocarbon resource base. The agreement, executed in Abuja, authorises SeaSeis, in partnership with TGS, to acquire and process new 3D seismic and gravity data…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has successfully concluded the pre-qualification stage of the 2025 Oil Licensing Round, paving the way for companies to access critical data ahead of the bidding process. A statement by Head of Media and Strategic Communication at NUPRC, Eniola Akinkuotu on Tuesday in Abuja, confirmed that…
By Seun Ibiyemi The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has said Nigeria and the wider African continent must position women at the forefront of leadership to fully unlock their hydrocarbon potential. Speaking at the 3rd Edition of the Diversity Sectoral Working Group Annual Women in Oil and…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a final reminder to prospective investors, announcing that the window for pre-qualification applications for the Nigeria 2025 Licensing Round will close on Friday, February 27, 2026. In a public notice released on Wednesday, the Commission stated that the registration and submission portal would…
By Seun Ibiyemi The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has pledged to enhance transparency and fully digitise the Commission’s internal communications and operations within 60 days. Eyesan made the commitment when the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Musa Adar, paid a…
