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Race for 50 oil, gas blocks enters final stage as 143 firms battle for licences

By Adewale Sanyaolu The race to secure oil exploration rights for 50 oil and gas blocks across Nigeria has entered its decisive phase. Already, 143 prequalified companies have been invited to compete at the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) Commercial Bid Conference scheduled for…

July 20, 2026 Nigeria

By Adewale Sanyaolu The race to secure oil exploration rights for 50 oil and gas blocks across Nigeria has entered its decisive phase. Already, 143 prequalified companies have been invited to compete at the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) Commercial Bid Conference scheduled for…

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