Nigerian Upstream Petroleum Regulatory Commission

Nigeria
Presidency defers sale of NNPC oil blocks

Postponed several times, the oil asset disposal programme has been on hold since June. Behind the scenes, it has been the subject of intense political negotiations in the run-up to the 2027 presidential election.

Nigeria
To avoid bankruptcy, Chappal Energies secures path for capital injection

The Nigerian oil and gas junior company, led by Michael Humphries, is going through a difficult summer. Its survival is threatened by the financing capacity of its creditors, as well as the actions of its founder and former chief executive, who has been in prison in Lagos since May 2026.

Nigeria
TotalEnergies set to announce final investment decision on Ima gas field

After nearly three years of negotiations, the French major has reached an agreement with junior partner Amni International, co-owner of the field. The two companies could make it official as early as July 2026.

Nigeria
Junior Petralon mobilises support to protect its Dawes Island concession

The head of the oil company, Ahonsi Unuigbe, is attempting to persuade the government and the regulatory authorities to appeal against the court ruling ordering the revocation of the junior company’s licence for its field in OPL 2006.

Nigeria
ENI readies investment plan for former OPL 245 fields

The signing of a settlement agreement with Abuja over the offshore block that was the subject of an ICSID arbitration is expected to allow the Italian major to speed up its production timetable. A development plan and its financing are already on the table.

Nigeria
Junior Petralon Energy attempts to save its licence on Dawes Island field

At the end of January, the Nigerian company saw the courts strip it of the only oil field it operates. Its CEO was quick to challenge the decision.

Nigeria
TotalEnergies reaches amicable agreement on its two new blocks

French major TotalEnergies and the junior Zebbra Energy, led by Ambrosie Bryant Chukwueloka Orjiako, have finally reached an amicable agreement over Nigerian oil block OPL 248.

Nigeria
President Tinubu approves Nigerian National Petroleum Co blocks sale

The head of the national oil company hopes to offer some of his stakes in blocks for sale in the coming weeks. After obtaining presidential approval, he has enlisted a bank to structure the transaction.

The New Guard
Nigeria, Morocco, Cameroon

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NigeriaEmmanuel Uwandu, jack of all trades in liquefied gas

MoroccoOussama Ghajjou, crystaliser of public policies with a British flair

CameroonErnest Pouhe, key player in finance and not just in regions

Nigeria
Abuja's campaign to promote its new oil block sale

On 11 November, from London, the head of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, announced the opening of the next tender for Nigerian oil blocks starting on 1 December.

Nigeria
Legal appeal threatens two new TotalEnergies offshore blocks

Junior oil company Zebbra Energy is once again turning to the courts to recover its oil block, which was seized last year. The licence has since been awarded to TotalEnergies and its local partner Sapetro.

Nigeria
The NNPC's new management is readying its first block sale

After suspending all oil block disposals handled under the previous management, Bashir Bayo Ojulari is about to restart the process. Around a dozen blocks have already been put up for sale.

Nigeria
Aliko Dangote turns to courts to force oil majors to supply his refinery

Forced to source crude oil from abroad to supply his refinery, the Nigerian tycoon is preparing a complaint against the sector's regulatory agency. He hopes that the NUPRC will act to force the oil majors to sell him their oil first.

Nigeria
Renaissance buys Shell's oil fields, but regulator keeps them in its sights

The Nigerian Upstream Petroleum Regulatory Commission has attempted to reclaim more than 90 fields from Shell's Nigerian subsidiary as it prepares for its upcoming oil block tender. Yet just days earlier, the regulator had approved their $2.

Nigeria
Tycoon Tein Jack-Rich seeks buyer for his junior BelemaOil

Nigerian junior BelemaOil has been up for sale for several weeks. Since 2014, it has been operating the OML 55 block, in which it holds a 40% stake, and whose suspension had caused a decline in the company's financial situation.

Nigeria
Perenco eyes up Nigerian oil

The Anglo-French oil company Perenco is seeking to establish itself in West Africa. It may have missed out on a recent opportunity to join a tender for Nigerian blocks, but is looking for other opportunities in the region.