The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has scheduled a crucial pre-bid conference for its 2025 petroleum licensing round. The event is set for January 14, 2026, at the Grand Ballroom of Eko Hotels and Suites in Lagos, with proceedings beginning at 9:00 a.m.
This conference, announced following legal notices in local and international newspapers, is a mandatory step under the Petroleum Industry Act (PIA). Discussions will focus on critical aspects for potential investors, including:
· The official implementation timetable for the bidding round.
· Guidelines for preparing bid packages.
· Detailed eligibility criteria for participants.
· The process for evaluating bids and selecting successful companies.
Prospective bidders are required to register for the conference through the official portal: br2025.nuprc.gov.ng. The NUPRC has stated that comprehensive information on licensing guidelines, descriptions of available oil blocks, and participation procedures is available on its main website, nuprc.gov.ng.
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