Nigeria targets $10b upstream investment from oil licencing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the 2026 Licensing Round will commence in the third quarter (Q3) of the year. This is consequent on the granting of approval by the Minister of Petroleum Resources in line with the Petroleum Industry Act (PIA) 2021. The Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, stated this…