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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

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.
31 Jul 24
Georgia: Block Energy announces trading update
Block Energy, the production and development company focused on Georgia, has provided an update and announces the extension of its current $2.0 million senior secured loan. The Company is making significant progress in its farm-out campaigns for Projects III and IV in Georgia.
23 May 24
Georgia: Block Energy announces results for Y/E 31st December 2023
Block Energy, the development and production company focused on Georgia, has announced its audited results for the year ended 31st December 2023. The Company significantly increased EBITDA to $1,469,000 from $158,000. The Project IV farm-out was completed, achieving a carried work programme valued at over $3 million (gross).
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.

Georgia - more news




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