Europe / Caspian / CIS
Country summary: Georgia
Current deals: | 2 |
Licensing articles: | 11 |
Completed deals: | 27 |
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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