No fewer than 19 oil licences in Nigeria’s upstream sector have stated expiry dates falling within 2026, according to the Nigerian Upstream Concession Situation Report of the Nigerian Upstream Petroleum Regulatory Commission.
The report, released in August 2026, covers petroleum exploration and production concessions across Nigeria’s upstream oil and gas industry, including Petroleum Prospecting Licences and Oil Prospecting Licences.
It also shows that three oil licences had expiry dates in 2025, while several other concessions are scheduled to expire in 2027. The licences comprise 12 Petroleum Prospecting Licences and seven Oil Prospecting Licences whose stated tenure dates fall within 2026.
The development comes as the Federal Government seeks to attract fresh investment into the upstream sector, raise crude oil production and deepen exploration activities while targeting idleSo This Happened (EP 420) reviews: ICPC uncovers alleged fake government a
The PPLs listed with 2026 expiry dates include PPL 220, held by Navante Exploration and Production Limited, which is due to expire on October 16, 2026; PPL 232, held by Kizi Oil and Gas Services Limited, which expires on November 16; and PPL 235, held by Oceangate Engineering Oil & Gas Limited, which expires on November 1.
The report also lists PPL 223 with an expiry date of November 30, 2026, while another PPL in the same group is shown with a December 28, 2026 expiry date. PPL 251 is also listed to expire on November 16, 2026. Other PPLs in the 2026 expiry group include PPL 266, held by AOS Orchard Petroleum Development Limited, with an expiry date of November 21, 2026.
The report also lists PPL 277, PPL 275 and PPL 254 with February 14, 2026 expiry dates, indicating that their stated tenures had elapsed by the time the August report was released. However, the report does not state that the concessions had been revoked or cancelled.
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