43 h. ago FG cuts signature bonuses to as low as $3m as 2025 oil licensing round opens

The Federal Government has again slashed the signature bonuses required for oil block bidders, reducing the payment to between $3 read more FG cuts signature bonuses to as low as $3m as 2025 oil licensing round opens

Politics

4 d. ago US energy giant Chevron to expand Nigeria presence on improved environment

Chevron said on Friday it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig read more US energy giant Chevron to expand Nigeria presence on improved environment

Politics

8 d. ago FG Offers 50 Oil Blocks, Targets $10bn Investments In 2025 Licensing Round

The breakdown of the blocks includes 15 onshore blocks, 19 shallow-water blocks, 15 frontier assets, and 1 deepwater block. The post FG Offers 50 Oil Blocks, Targets $10bn Investments In 2025 Licensing Round appeared first on Channels Television.

Politics

9 d. ago FG offers 50 oil, gas blocks in 2025 licensing round, targets $10bn in investments

The federal government has listed 50 oil and gas blocks across onshore, swamp/shallow water and offshore terrains spanning diverse basins, read more FG offers 50 oil, gas blocks in 2025 licensing round, targets $10bn in investments

Politics

1 week ago NUPRC to offer 50 oil, gas blocks in December licensing round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to auction 50 oil and gas blocks spanning multiple basins and read more NUPRC to offer 50 oil, gas blocks in December licensing round

Politics

1 week ago TotalEnergies Sells Stake in Nigerian Deepwater Field Bonga To Eni, Shell

TotalEnergies announced that it had completed the divestment of its non-operated stake in the massive deepwater Bonga field off Nigeria, realising a net gain of $510 million. In a statement, the company announced that its local subsidiary, TEPNG, had closed the sale of its 12.5 per cent stake in Oil Mining License 118 to fellow […]

Politics

4 w. ago 2025 Oil Licensing Round Opens December 1 – Upstream Regulator

The federal government has announced plans to open the 2025 Licensing Round on December 1, 2025. The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, made this known at the NUPRC’s Project 1 Million Barrels Per Day (MMBOPD) Additional Production Investment Forum in London on Tuesday. This comes as […]

Politics

4 w. ago Oil Production: NUPRC To Begin 2025 Licensing Round From December 1

The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy. The post Oil Production: NUPRC To Begin 2025 Licensing Round From December 1 appeared first on Channels Television.

Politics