The 50 oil blocks that will be made available to investors in the Onshore, Shallow Water, and Deep Offshore regions have been listed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Recall that the NUPRC declared last week that the 2025 Licensing Round had officially begun. The NUPRC said that this was a significant step in the Federal Government’s efforts to increase investment, improve transparency, and deepen exploration in the upstream industry.Engineer Gbenga Komolafe, the Commission’s Chief Executive of NUPRC, stated at a news conference that the blocks consist of 15 onshore blocks, 19 shallow water blocks, 15 border assets, and 1 deepwater block. The commission listed the blocks as follows in a post on its verified X handle: Petroleum Prospecting License (PPL) 2A29, PPL 2A30, PPL 2A31, PPL 2A32, PPL 2A33, PPL 2A34, PPL 2A35, PPL 2A36, PPL 2A37, PPL 2438, PPL 2A39, and PPL 2A40.PPL 2A41, PPL 2A42, PPL 2443, PPL 2A44, PPL 2A45, PPL 2A46, PPL 2A47, PPL 2A48, PPL 2A49, PPL 2A50, PPL 2A51, PPL 2A52, PPL 2A53, PPL 2A54, PPL 2A55, PPL 2A56, PPL 2A57, PPL 2A58, PPL 2A59, PPL 2A60, PPL 2A61, PPL 2A62, PPL 2A59, PPL 2A62, PPL 2010, PPL 307, and PPL 309. In addition, there are PPL 900, PPL 901, PPL 902, PPL 903, PPL 700, PPL 701, PPL 702, PPL 703, PPL 800, PPL 801, PPL 802, and PPL 803.

Posted inBusiness


