Nigeria, Africa’s largest crude oil producer, has officially kicked off its 2025 oil licensing round, offering 50 blocks to international and local investors. The move, spearheaded by the Nigerian Upstream.
Nigeria’s renewed oil ambitions are beginning to bear fruit. Under the government’s “Project One Million Barrels” (1MMBOPD) initiative, crude oil output has climbed to between 1.7 and 1.83 million barrels.
In the face of global energy shifts, Africa is no longer just a source of raw materials; it is becoming a driving force in the world’s energy future. With countries.
