By Mandy Park The Federal Government has announced the 2026 oil licensing round, offering 40 oil blocks across land, shallow water and deepwater terrains as it intensifies efforts to attract fresh investments into Nigeria’s upstream petroleum sector. The licensing exercise is being conducted by the Nigerian Upstream Petroleum Regulatory Commission, which is expected to provide opportunities for investors to participate in the development of the country’s hydrocarbon resources. The development came as the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed that Nigeria’s crude oil and condensate production…
Read MoreFG offers 40 oil blocks in 2026 licensing round, says production hits 1.82mbpd
