Nigeria Launches 2025 Oil and Gas Licensing Round
Analysis based on 21 articles · First reported Jan 28, 2026 · Last updated Feb 11, 2026
The Nigeria===Nigerian Upstream Petroleum Regulatory Commission's 2025 licensing round is expected to attract significant global investment into Nigeria's oil and gas sector, potentially boosting the country's economy and energy production. The renewed investor interest in African hydrocarbons, supported by the Petroleum Industry Act 2021, signals a positive outlook for the continent's energy markets.
The Nigeria===Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched Nigeria's 2025 licensing round, offering 50 oil and gas blocks to global investors. This initiative, announced by NUPRC's Commission Chief Executive Oritsemeyiwa Eyesan at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026, aims to unlock Nigeria's upstream potential under the predictable and investor-friendly framework of the Petroleum Industry Act 2021. Eyesan highlighted Africa's significantly improved energy investment outlook, projecting the continent to attract between $48 billion and $50 billion of the $520 billion worldwide capital investment this year. This resurgence is attributed to renewed investor interest in prolific African plays, including Nigeria, Namibia, and Mozambique. The NUPRC also emphasized the importance of domestic and regional capital formation, citing the establishment of the Africa Energy Bank, headquartered in Nigeria, as a key milestone. Regional cooperation in gas development, power infrastructure, and regulatory alignment, facilitated by platforms like the African Petroleum Regulators Forum (AFRIPERF), is also playing a transformative role in improving energy access and strengthening Africa's global voice.
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