Nigeria Expands Oil Blocks for 2024 Licensing Round

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Nigeria’s oil and gas sector is poised for growth as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) increases the number of oil blocks available in the 2024 licensing round. This announcement was made by Gbenga Komolafe, the chief executive of the Commission, during a pre-bid conference held today in Lagos.

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Initially, 12 oil blocks were up for bidding, but Komolafe did not specify the new number of blocks now available.

Peter Okafor
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