Winners Emerge in 2024 Nigerian Oil Block Licensing Bid Round

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Winners Emerge in 2024 Nigerian Oil Block Licensing Bid Round
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the winners of the 2024 oil block licensing bid round. The winners, including major energy companies and consortia, were selected at a commercial bid conference held in Lagos.

The Nigeria n Upstream Petroleum Regulatory Commission (NUPRC) announced the winners of the 2024 oil block licensing bid round on Wednesday in Lagos. Sifax and RoyalGate consortium won PPL 300-DO and PPL 304-DO.

Other winners include OceanGate Engineering Oil and Gas Ltd, MRS Oil & Gas, Hakilat Oil & Gas Consortium Ltd, BISWAL Oil & Gas Ltd, Petroli Energy Marketing and Supply Ltd, Sahara Deepwater Resources Ltd, Panout Oil & Gas, TotalEnergies E&P, First E&P Development, Deywayles International Limited, Applefield Oil & Gas, R28 Holdings Ltd, Tulcan Energy E&P, and Broron Energy. The NUPRC also named reserve bidders who were defeated by the winning bidders

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