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…
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 Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Oritsemeyiwa Eyesan has pledged to intensify efforts to promote gender inclusion and empower women across Nigeria’s maritime and energy sectors. She made the announcement on Friday, March 27, 2026, during her keynote speech at the 5th anniversary of the Women in Maritime…
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 Adeyemi David The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Maritime Administration and Safety Agency (NIMASA) have reaffirmed their commitment to enhancing Nigeria’s investment climate through strengthened inter-agency collaboration. The development followed a meeting on Friday, February 13, 2026, at the corporate headquarters of NUPRC in Abuja, where the Commission’s Chief Executive,…
