The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced June 12 as the deadline for the submission of technical and commercial bids by prequalified applicants for the 2025 licensing round.
The commission made the announcement in a post on its official X handle on Tuesday, stating that the move aligns with the 2025 licensing round guidelines.
“The NUPRC hereby notifies the general public that submission of technical and commercial bids by prequalified applicants for the 2025 Licensing Round closes on Friday, June 12 2026, at 16.30 hours (WAT) in line with the 2025 Licensing Round Guidelines,” the commission said.
The Nigerian government, under the Licensing round which commenced in December 2025, is offering 50 oil and gas blocks across onshore, swamp/shallow water and offshore terrains spanning diverse basins.
The government expects to attract about $10 billion in investments through the licensing round. It is also expected to add up to 2 billion barrels of oil output over the next 10 years with an estimated 400,000 barrels/Day of production volumes when the blocks are fully operational.
Oritsemeyiwa Eyesan, Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently explained that the 2025 Licensing Round is not merely a bidding exercise but a clear signal of Nigeria’s deliberate effort to reposition its upstream sector for serious, long-term investment.
The CCE noted that while investment capital is increasingly selective and disciplined, Nigeria’s priority is to attract capital, grow reserves, improve production in a responsible and sustainable manner.
She said, “To therefore achieve this objective, a structured, transparent licensing round is essential. Nigeria is ready to be the beautiful bride to capital and playroom for advanced technological deployment for hydrocarbon recovery.
“The Nigerian Upstream Petroleum Regulatory Commission is mandated by law to conduct licensing rounds in a periodic, transparent, open, and fully competitive manner. In furtherance of this, the 2025 Licensing Round, the entire process will be guided strictly by published rules. Our guidelines, model contracts, bid parameters, and evaluation criteria will be clearly defined, publicly available, and fully enforceable.”
The process follows five steps: registration and pre-qualification, data acquisition, technical bid submission, evaluation, and a commercial bid conference. Only candidates with strong technical and financial credentials, professionalism, and credible plans move forward. Winners are chosen through a transparent, merit-based procedure.
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