2025 Licensing Round

13 oil blocks failed to attract investors as FG recorded 200 bids in 2025 licensing round

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The Federal Government has announced that 13 oil and gas blocks offered during the 2025 Licensing Round will be withdrawn from the current bidding process because they failed to attract investor interest. The disclosure was made on Tuesday in Abuja by the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, during the 2025 Commercial Offering Conference. …

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