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FG targets additional 300,000bpd oil production with 2026 bid round

Summary by Vanguard News
—To grow reserve by 500m barrels By Obas Esiedesa, Abuja The Federal Government has said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day of crude oil and condensate production over the next three years, as it prepares to launch another bid round in 2026 to accelerate investment in […] The post FG targets additional 300,000bpd oil production with 2026 bid round appeared first on Vanguard News.

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Vanguard News broke the news in Nigeria on Tuesday, July 21, 2026.
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