The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said the 28 Field Development Plans (FDPs) so far approved in 2025 would add 600,000 barrels of oil per day and more than 2.0 billion standard cubic feet of gas daily.
Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, an engineer, said this at the ongoing 2025 World Energies Summit convened by Frontier Energy Network in London.
He said: “In 2025 alone, 28 new Field Development Plans have already been approved, unlocking an additional 1.4 billion barrels of oil and 5.4 trillion cubic feet of gas.
These projects are expected to add nearly 600,000 barrels of oil per day and more than 2.0 billion standard cubic feet of gas per day, supported by $18.2 billion in committed CAPEX.
“Together, these outcomes demonstrate that Nigeria’s upstream sector is not only on a growth trajectory but is also attracting the scale of investment needed to sustain its role as a premier global energy hub.”
The NUPRC boss noted that the President Bola Tinubu-led government and the Commission are responding with bold reforms and strategic actions to turn challenges into opportunities amidst global pressures for energy transition.
