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Nigerian Upstream Petroleum Regulatory Commission

2025 Licensing Round Overview

Real-time monitoring and management of the oil block auction process

Investment Target

$10,000,000,000

Committed$7,200,000,000

72.0% achieved

Auction Activity

287

total bids placed

Active Blocks

35/50

blocks in auction

Avg Bids/Block

8

competition level

Regulatory & Compliance Meetings
Virtual meetings for regulatory oversight, compliance reviews, and stakeholder consultations
🔴 LIVE NOW
Internal Compliance Review
Weekly internal review of bidding compliance and regulatory adherence
January 14, 2025 at 9:00 AM WAT
Duration: 1.5 hours
12 participants
Upcoming
Bidder Due Diligence Session
KYC verification and technical capability assessment for qualified bidders
January 17, 2025 at 2:00 PM WAT
Duration: 2 hours
8 participants
Upcoming
Presidential Briefing - Auction Progress
High-level briefing on auction progress and investment commitments
January 19, 2025 at 10:00 AM WAT
Duration: 1 hour
5 participants
Upcoming
Bidder Clarification Forum
Open forum for bidders to ask questions about terms, conditions, and procedures
January 21, 2025 at 11:00 AM WAT
Duration: 2 hours
67 participants
Upcoming
Technical Evaluation Committee
Internal meeting to evaluate technical proposals and bidder qualifications
January 23, 2025 at 9:00 AM WAT
Duration: 3 hours
15 participants
Upcoming
Final Award Coordination
Coordination meeting for final award decisions and contract preparation
January 25, 2025 at 3:00 PM WAT
Duration: 2 hours
10 participants

Bid Activity by Basin

Block Status Distribution

All Blocks

Monitor and manage auction blocks

BlockLocationStatusCurrent BidBidsReservesTime RemainingActions

OPL-2001

Block Anambra 1

Deep Water

Anambra Basin

ACTIVE

$188,000,000

Company F

753MEnded

OPL-2002

Block Niger 2

Onshore

Niger Delta

ACTIVE

$165,000,000

Company A

652MEnded

OPL-2003

Block Chad 3

Shallow Water

Chad Basin

ACTIVE

$152,000,000

Company D

367MEnded

OPL-2004

Block Chad 4

Onshore

Chad Basin

ACTIVE

$95,000,000

Company G

530MEnded

OPL-2005

Block Dahomey 5

Deep Water

Dahomey Basin

ACTIVE

$150,000,000

Company A

947MEnded

OPL-2006

Block Benue 6

Onshore

Benue Trough

ACTIVE

$207,000,000

Company E

325MEnded

OPL-2007

Block Anambra 7

Shallow Water

Anambra Basin

ACTIVE

$145,000,000

Company A

853MEnded

OPL-2008

Block Niger 8

Offshore

Niger Delta

ACTIVE

$171,000,000

Company H

460MEnded

OPL-2009

Block Chad 9

Deep Water

Chad Basin

ACTIVE

$151,000,000

Company A

953MEnded

OPL-2010

Block Benue 10

Deep Water

Benue Trough

ACTIVE

$90,000,000

Company G

826MEnded

OPL-2011

Block Benue 11

Onshore

Benue Trough

ACTIVE

$193,000,000

Company A

759MEnded

OPL-2012

Block Chad 12

Onshore

Chad Basin

ACTIVE

$98,000,000

Company E

452MEnded

OPL-2013

Block Chad 13

Offshore

Chad Basin

ACTIVE

$117,000,000

Company B

857MEnded

OPL-2014

Block Chad 14

Onshore

Chad Basin

ACTIVE

$267,000,000

Company A

588MEnded

OPL-2015

Block Anambra 15

Onshore

Anambra Basin

ACTIVE

$135,000,000

Company E

743MEnded

OPL-2016

Block Niger 16

Deep Water

Niger Delta

ACTIVE

$210,000,000

Company B

964MEnded

OPL-2017

Block Anambra 17

Onshore

Anambra Basin

ACTIVE

$157,000,000

Company G

859MEnded

OPL-2018

Block Anambra 18

Deep Water

Anambra Basin

ACTIVE

$71,000,000

Company D

285MEnded

OPL-2019

Block Chad 19

Onshore

Chad Basin

ACTIVE

$173,000,000

Company D

522MEnded

OPL-2020

Block Anambra 20

Shallow Water

Anambra Basin

ACTIVE

$187,000,000

Company E

296MEnded

OPL-2021

Block Dahomey 21

Offshore

Dahomey Basin

ACTIVE

$195,000,000

Company E

896MEnded

OPL-2022

Block Dahomey 22

Ultra Deep Water

Dahomey Basin

ACTIVE

$220,000,000

Company D

378MEnded

OPL-2023

Block Dahomey 23

Shallow Water

Dahomey Basin

ACTIVE

$213,000,000

Company E

261MEnded

OPL-2024

Block Niger 24

Shallow Water

Niger Delta

ACTIVE

$128,000,000

Company F

371MEnded

OPL-2025

Block Benue 25

Offshore

Benue Trough

ACTIVE

$239,000,000

Company B

850MEnded

OPL-2026

Block Dahomey 26

Shallow Water

Dahomey Basin

ACTIVE

$70,000,000

Company J

885MEnded

OPL-2027

Block Dahomey 27

Shallow Water

Dahomey Basin

ACTIVE

$185,000,000

Company C

928MEnded

OPL-2028

Block Anambra 28

Ultra Deep Water

Anambra Basin

ACTIVE

$161,000,000

Company E

887MEnded

OPL-2029

Block Niger 29

Onshore

Niger Delta

ACTIVE

$129,000,000

Company G

463MEnded

OPL-2030

Block Dahomey 30

Onshore

Dahomey Basin

ACTIVE

$180,000,000

Company C

253MEnded

OPL-2031

Block Chad 31

Onshore

Chad Basin

ACTIVE

$208,000,000

Company J

229MEnded

OPL-2032

Block Niger 32

Deep Water

Niger Delta

ACTIVE

$126,000,000

Company F

982MEnded

OPL-2033

Block Dahomey 33

Offshore

Dahomey Basin

ACTIVE

$142,000,000

Company D

345MEnded

OPL-2034

Block Niger 34

Offshore

Niger Delta

ACTIVE

$136,000,000

Company H

555MEnded

OPL-2035

Block Benue 35

Ultra Deep Water

Benue Trough

ACTIVE

$214,000,000

Company C

641MEnded

OPL-2036

Block Dahomey 36

Onshore

Dahomey Basin

UPCOMING

$103,000,000

031M-

OPL-2037

Block Niger 37

Onshore

Niger Delta

UPCOMING

$145,000,000

092M-

OPL-2038

Block Anambra 38

Offshore

Anambra Basin

UPCOMING

$80,000,000

066M-

OPL-2039

Block Benue 39

Offshore

Benue Trough

UPCOMING

$55,000,000

035M-

OPL-2040

Block Chad 40

Ultra Deep Water

Chad Basin

UPCOMING

$198,000,000

063M-

OPL-2041

Block Anambra 41

Deep Water

Anambra Basin

UPCOMING

$160,000,000

049M-

OPL-2042

Block Niger 42

Onshore

Niger Delta

UPCOMING

$132,000,000

033M-

OPL-2043

Block Benue 43

Shallow Water

Benue Trough

UPCOMING

$178,000,000

025M-

OPL-2044

Block Anambra 44

Deep Water

Anambra Basin

UPCOMING

$194,000,000

086M-

OPL-2045

Block Benue 45

Onshore

Benue Trough

UPCOMING

$164,000,000

041M-

OPL-2046

Block Benue 46

Shallow Water

Benue Trough

CLOSED

$154,000,000

088M-

OPL-2047

Block Chad 47

Deep Water

Chad Basin

CLOSED

$117,000,000

036M-

OPL-2048

Block Chad 48

Deep Water

Chad Basin

CLOSED

$94,000,000

078M-

OPL-2049

Block Anambra 49

Shallow Water

Anambra Basin

CLOSED

$172,000,000

094M-

OPL-2050

Block Niger 50

Ultra Deep Water

Niger Delta

CLOSED

$165,000,000

035M-
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