Nigeria plans 2026 oil licensing round for third quarter
Nigeria will start its 2026 oil licensing round in the third quarter to attract investors. This follows the commercial bid phase of the current round in July.
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Nigeria will launch its 2026 oil licensing round in the third quarter to maintain upstream investment momentum. The move follows the 2024 licensing round as the nation seeks to increase output of Brent Crude Oil. Investors gain predictable access to African upstream assets through consecutive bidding cycles and lowered entry barriers.
