…Targets $10bn investments The Nigerian Upstream Petroleum Regulatory Commission, (NUPRC), has officially launched the 50-oil-block 2025 licensing round portal, with a view to attracting fresh investments worth $10 billion. The round is also expected to add an additional two billion barrels to the national oil reserves over the next 10 years. The Commission’s Chief Executive, Engineer Gbenga Komolafe, said at a press conference on Monday, that 50 oil and gas blocks are on offer across onshore, swamp/shallow water, frontier basins, and deepwater terrain. The breakdown of the blocks includes 15…
Read MoreFG offers 50 oil blocks in 2025 licensing round
