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NUPRC Offers 12 Oil Blocks to Investors as 2024 Bid Round Commences

NUPRC Offers 12 Oil Blocks to Investors as 2024 Bid Round Commences The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, disclosed that it has commenced the process for the 2024 oil bid round with 12 oil blocks on offer and seven deep offshore blocks from...

Price Crash Delays Oil Bid Rounds, Upstream Projects

Price Crash Delays Oil Bid Rounds, Upstream Projects   Nigeria will not hold bidding rounds for major oilfields until crude prices recover, and some upstream projects will be completed much later than originally planned, officials said in a web conference yesterday. Oil prices also rose yesterday as...