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NUPRC announces pre-bid conference for 2025 petroleum licensing round

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By Abubakar Yunusa

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has scheduled a pre-bid conference to discuss eligibility terms for the 2025 petroleum licensing round.

In a statement on Thursday, Oritsemeyiwa Eyesan, chief executive officer (CEO) of NUPRC, said the pre-bid conference will hold in Lagos on January 14.

“The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is proud to announce the 2025 licensing round pre-bid conference scheduled for 9am Wednesday, January 14, 2026 at the Grand Ballroom, Eko Hotels and Suites, Lagos,” the commission said.

“This announcement is sequel to a notice already published by the NUPRC in foreign and local newspapers in line with the Petroleum Industry Act.

“The focus areas of the upcoming pre-bid conference include: The implementation timetable, the bid package preparation, eligibility terms; and the assessment and the winners’ determination procedure.”

The NUPRC urged interested members of the public to register for the pre-bid conference through its dedicated portal.

On December 1, the NUPRC announced the official commencement of the 2025 petroleum licensing round, targeting about $10 billion in new investments.

The commission, on December 9, said the federal government had reduced the signature bonus for the 2025 petroleum licensing round to between $3 million and $7 million.

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