NUPRC woos global investors with 40 oil, gas blocks
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Punch Newspaper
Reported by Damilola Aina
Mon, 2 Nov 2026, 18:59
Photo courtesy of Punch Newspaper · Verified via News Stand NG
Source Attribution: Punch Newspaper
News Stand NG operates under ethical news aggregation guidelines. Source: Punch Newspaper. To read the unabridged investigative reporting and full gallery, visit the original publication.
The Nigerian Upstream Petroleum Regulatory Commission has urged international oil and gas investors to consider Nigeria as a preferred investment destination amid growing global energy tensions and increasing competition for capital. She said, “We are expecting investors to turn to Nigeria.
Context & Background
✦The statement read, “The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has told investors that Nigeria offers a stable climate amid the global energy tension and therefore urged investors to look towards Nigeria by taking advantage of the 2026 Licensing Round, which has 40 oil and gas blocks on offer.
Key Figures & Named Entities
2026:The commission said Nigeria was offering a more stable and competitive investment environment, backed by improved security, attractive fiscal incentives and regulatory reforms, as it prepares to offer 40 oil and gas blocks in its 2026 licensing round.2026:The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, made the call during a roundtable discussion titled, ‘Energy Sovereignty in an Interconnected World: Aligning National Priorities, Markets and Global Security’, at the 2026 Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi on Monday.2026:The statement read, “The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has told investors that Nigeria offers a stable climate amid the global energy tension and therefore urged investors to look towards Nigeria by taking advantage of the 2026 Licensing Round, which has 40 oil and gas blocks on offer.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦The Nigerian Upstream Petroleum Regulatory Commission has urged international oil and gas investors to consider Nigeria as a preferred investment destination amid growing global energy tensions and increasing competition for capital.
✦She said, “We are expecting investors to turn to Nigeria.
✦The statement read, “The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has told investors that Nigeria offers a stable climate amid the global energy tension and therefore urged investors to look towards Nigeria by taking advantage of the 2026 Licensing Round, which has 40 oil and gas blocks on offer.
Key Facts:2026: The commission said Nigeria was offering a more stable and competitive investment environment, backed by improved security, attractive fiscal incentives and regulatory reforms, as it prepares to offer 40 oil and gas blocks in its 2026 licensing round.2026: The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, made the call during a roundtable discussion titled, ‘Energy Sovereignty in an Interconnected World: Aligning National Priorities, Markets and Global Security’, at the 2026 Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi on Monday.2026: The statement read, “The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has told investors that Nigeria offers a stable climate amid the global energy tension and therefore urged investors to look towards Nigeria by taking advantage of the 2026 Licensing Round, which has 40 oil and gas blocks on offer.2026: She also disclosed that the licensing round portal will officially open on November 20, 2026.” She disclosed that the bidding portal for the licensing round would officially open on November 20, 2026, urging investors to take advantage of the opportunities.
Editorial Excerpt
The Nigerian Upstream Petroleum Regulatory Commission has urged international oil and gas investors to consider Nigeria as a preferred investment destination amid growing global energy tensions and increasing competition for capital.
Frequently Asked Questions About This Story
What is the latest development regarding Nigerian Upstream Petroleum Regulatory Commission?
The Nigerian Upstream Petroleum Regulatory Commission has urged international oil and gas investors to consider Nigeria as a preferred investment destination amid growing global energy tensions and increasing competition for capital.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Nigerian Upstream Petroleum Regulatory Commission, Bola Ahmed Tinubu.
What timeline or key figures were confirmed?
The commission said Nigeria was offering a more stable and competitive investment environment, backed by improved security, attractive fiscal incentives and regulatory reforms, as it prepares to offer 40 oil and gas blocks in its 2026 licensing round.