The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that 22 major offshore projects are expected between 2026 and 2030, with an estimated investment potential of between $30 billion and $50 billion. The Commission Chief Executive of NUPRC, Mrs Oritsemeyiwa Eyesan, said that the investments are expected to increase production, create jobs and strengthen energy security. Twenty-two (22) major offshore projects are expected between 2026 and 2030 with an estimated investment potential of $30–50 billion. “Beyond increasing production, these investments will create jobs, expand infrastructure, strengthen energy security and reinforce Nigeria’s position as a leading global upstream investment destination.” Eyesan said the 2026 Licensing Round, which is set to commence soon, is showing greater promise thanks to the transparency that has characterised licensing rounds.