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Oil & Gas
2024 Bid Round: NUPRC hands oil prospecting licences to 12 firms
Vanguard
Jul 8, 2026 · 19:14 WAT
The Nigerian Upstream Petroleum Regulatory Commission has officially issued nineteen Petroleum Prospecting Licences to twelve successful bidding companies from the 2024 licensing round. This initiative aims to stimulate fresh investments and boost activities within Nigeria's upstream petroleum sector.