Energy

NUPRC Completes Pre-Qualification Stage For 2025 Oil Bid Round

By Sunday Etuka

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has successfully completed the pre-qualification stage of the 2025 Licensing Round.

NUPRC’s Head of Media and Strategic Communication, Eniola Akinkuotu, who disclosed this in a statement on Tuesday, said the Commission has also notified the successful pre-qualified applicants of the development.

Noting that this was done on March 16, 2026 in line with the 2025 Licensing Round Guidelines.

- Advertisement -

He explained that with the pre-qualification stage now successfully completed, the Commission would from today, March 17, 2026, permit successful applicants to lease data in preparation for the technical and commercial bid submissions.

According to him, pre-qualified applicants are mandated to lease data only from the two data sources (as applicable) and upload evidence of payment as a pre-requisite to the submission of bids.

He urged applicants to visit the licensing round portal: https://br2025.nuprc.gov.ng/ for more details.

Determined to boost crude oil reserves and ramp up oil production in the country, the NUPRC has put up about 50 oil and gas blocks across frontier, onshore, shallow water, and deepwater terrains on offer to both domestic and foreign investors who have the capacity and financial muscle to manage and explore them.

The commission recently pledged its unwavering commitment to a transparent bid process, one that will be at par with what is obtainable globally.

Related Articles

Back to top button