• Senior Associate

Review of the 2024 Petroleum Licencing Round Guidelines

Nigeria is heating up with a massive opportunity in the oil and gas sector! The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Commission just unveiled the 2024 Petroleum Licensing Round, offering access to 12 new blocks ripe for exploration. This groundbreaking initiative ensures a transparent and equitable bidding process, inviting both local and international companies to compete for coveted offshore, onshore, and shallow water blocks.

For prospective oil & gas investors, this review is your essential guide to understanding the modalities of the 2024 licensing round. Explore detailed insights into the process, timelines, participation rules, and qualification criteria, paving the way for informed decision-making in this dynamic industry.

Click here to read the Review of the 2024 Petroleum Licencing Round Guidelines

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