- Advertisement -The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has provided further clarification for the ongoing licensing round, especially for bidders interested in the 50 oil and gas blocks on offer. According to the Commission’s Chief Executive, Mrs. Oritsemeyiwa Eysan, only applicants with strong technical and financial credentials will proceed to the critical stage of the bidding process. Eyesan said this at the 2025 licensing round pre-bid webinar on Wednesday, January 28, 2026. Eyesan described the licensing round as an open call for committed partners; those ready to invest capital, bring technical excellence, and accelerate Nigeria’s assets from license award to exploration, appraisal, and ultimately, full production. “Let me emphasise that the Nigeria 2025 Licensing Round is not merely a bidding exercise.