FG targets additional 300,000bpd oil production with 2026 bid round

Vanguard (Nigeria)

•Offers 37 blocks to investors, targets 500m barrels reserve addition Why 13 blocks returned to basket, NUPRC By Udeme Akpan & Obas Esiedesa The Federal Government yesterday said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day (bpd) of crude oil and condensate production within three years Speaking at the […]

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FG targets additional 300,000bpd oil production with 2026 bid round

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