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Country summary: Georgia

energy-pedia opportunities - Georgia:
Current deals: 2
Licensing articles: 11
Completed deals: 27

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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Georgia - recent news

08 May 24
Georgia: Block Energy announces Carbon Sequestration MoU
Block Energy, the development and production company focused on Georgia, has announced a Memorandum of Understanding ('MoU') with JSC Rustavi Azot, a subsidiary of Indorama Corporation, one of Asia's leading chemical companies, to develop the Carbon Capture and Storage ('CCS') opportunity identified within Block's Patardzeuli-Samgori Middle Eocene reservoir.
04 Mar 24
Georgia: Block Energy announces Project III resource upgrade
Block Energy, the development and production company focused on Georgia, has announced upgraded internal resource estimates for the Rustavi and Teleti fields. The Company has launched the farm-out process for Project III, targeting the development of a gas resource of strategic significance to the Georgian state.
12 Feb 24
Georgia: Block Energy commences Project III farm-out process
Block Energy, the development and production company focused on Georgia, has launched the farm-out process for Project III, targeting the development of a gas resource of strategic significance to the Georgian state through the appointment of LAB Energy Advisors, a leading independent energy advisory company.
08 Feb 24
Georgia: Block Energy announces Independent Engineering Report confirms prospects for Project III farm-out process
Block Energy, the development and production company focused on Georgia, has announced an Independent Engineering Report indicating over 1 TCF of 2C contingent gas resources in the Patardzueli and Samgori fields in licence XIB with a Net Present Value of more than USD 500 MM.
16 Jan 24
Georgia: Block Energy announces Block XIB commercial Carbon Capture and Storage opportunity
Block Energy, the development and production company focused on Georgia, has announced a study identifying a Carbon Capture and Storage ('CCS') opportunity within the Company's Block XIB with the potential to support a major net-zero CO2 industrial hub.

Georgia - more news




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