South East Offshore Assets Dominate Nigeria’s Current Bid Round - Africa’s premier report on the oil, gas and energy landscape.

South East Offshore Assets Dominate Nigeria’s Current Bid Round

Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) has announced 50 Petroleum prospecting Licenses  as the sum of its offering in the 2025 bid round, which opened on the first of December 2025.

The Niger Delta is responsible for 35 of these acreages. And out of the Niger Delta share, 11 are located in the south east offshore, the most prolific corner of the basin. The rest of the offered PPLs in the Niger Delta include 14 onshore nine (9) shallow water tracts and one deepwater asset (PPL 2010) on offer in this auction.

Most of the tracts in the current round are small acreages; what would have been described as “marginal fields” in the old order. But such terminology is no longer known to law as governed by  the Petroleum Industry Act of 2021.

15 other PPLs are located…

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