Nigeria Targets 300,000 bpd Oil Production Increase with 2026 Bid Round

The Nigerian Federal Government aims to add 300,000 barrels per day to its oil production through the ongoing 2025 Licensing Round, offering 37 blocks to investors.

22 Jul, 05:09 — 22 Jul, 05:09

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vanguard-ngMixed41d ago

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

•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 […] The post FG targets additional 300,000bpd oil production with 2026 bid round appeared first on Vanguard News.

By Urowayino Jeremiah

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Nigeria Targets 300,000 bpd Oil Production Increase with 2026 Bid Round

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

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