Nigeria: International Trade & Investment

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Legal, Regulatory, And Market Issues Shaping Nigeria’s Ongoing 2025 Petroleum Licensing Round
Nigeria's 2025 Petroleum Licensing Round offers 50 blocks across the Niger Delta, deep offshore, and frontier basins, targeting USD 10 billion in investment under the Petroleum Industry Act. With nearly 300 applicants competing, the round represents the most ambitious upstream acreage release in Nigeria's post-PIA era, testing the country's reformed regulatory framework at unprecedented scale.
Nigeria Energy
UU
Udo Udoma & Belo-Osagie
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