WorldStage Newsonline– The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has extended the registration and submission of pre-qualification documents for the 2024 oil block licensing round which commenced in May by 10 days.
This is coming as the Commission had added 17 deep offshore blocks to the 2024 Licensing Round following additional data acquired concerning deep offshore blocks.
Mr. Gbenga Komolafe, Commission Chief Executive (CCE) of NUPRC, in a statement stated that the registration and submission of pre-qualification documents, initially scheduled to close on June 25, 2024, had been extended by 10 days and would now close on July 5, 2024.
He said, “In pursuit of the Commission’s commitment to derive value from the country’s abundant oil and gas reserves and increase production, the Commission has been working assiduously with multi-client companies to undertake more exploratory activities.
“This is to acquire more data to foster and encourage further investment in the Nigerian upstream sector.”
On the 17 deep offshore blocks added to the 2024 Licensing Round, Komolafe stated that further details on the blocks could be found on the bid portal.
He noted that data access, data purchase, evaluation, bid preparation, and submission, initially scheduled to open on July 4 and close on November 29, will now start on July 8 and close on November 29, 2024, as previously scheduled.
“In accordance with the published guidelines, we had earlier indicated that some of the assets on offer should be applied for as clusters, namely: PPL 300-CS & PPL 301-CS, PPL 2000 and PPL 2001.
“Bidders are hereby advised to bid for those blocks as clusters or as single units; it is optional,” the statement said.
