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Country summary: Georgia

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

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Georgia - recent news

18 Apr 25
Georgia to harness renewables to enhance energy security
Accelerating the deployment of renewable energy in Georgia can significantly boost the country’s energy security, strengthen its competitiveness in regional and global markets, and reduce the national energy trade deficit, according to the new Energy Transition Assessment released by the International Renewable Energy Agency (IRENA).
14 Apr 25
Georgia: Block Energy provides update on Phase 2 of its CCS project
AIM-listed Block Energy, the production and development company focused on Georgia, has announced good progress on Phase 2 of its CCS project, with the key process specific subsurface uncertainties, ahead of the pilot test, having been resolved. Work has shifted to the redesign of existing non-producing wells, and implementation of the pilot injection of CO2 into the reservoir.
27 Mar 25
Georgia: Block Energy announces acquisition of interest in XIQ Production Sharing Contract
AIM-listed Block Energy, the production and development company focused on Georgia, has announced the acquisition of a 10% participating interest in the XIQ Production Sharing Contract. Farm-out discussions ongoing, with third parties considering participation in a seismic and drilling work programme.
17 Mar 25
Georgia: Block Energy acquires Samgori South Dome
The State Agency of Oil and Gas of Georgia confirmed Block's operational rights to the Upper Eocene, Lower Eocene and Upper Cretaceous in the Samgori South Dome ('SSD') field.
26 Nov 24
Georgia: Block Energy announces start of Phase 2 studies for the Company's CCS opportunity in licence XIB
Block Energy, the production and development company focused on Georgia, has announced the start of phase 2 studies for the Company's Carbon Capture and Storage ('CCS') opportunity in licence XIB.

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