Petrofac and its joint venture partner the State Oil Company of the Republic of Azerbaijan (Socar) have announced a deal with BP in Azerbaijan and Georgia.
As Georgia completes its economic turnaround and builds a closer relationship with the EU, more investment is needed in the energy sector. As an investor in renewable power generation, thorough Silk Road Group’s Bahkvi 3 hydropower project, I am supporter of Georgia’s journey towards energy independence. To achieve that, Georgia needs to prove to investors that its energy market is mature, competitive and predictable.
UK-listed Block Energy has toasted a key milestone for an onshore oil project in Georgia.
An oil and gas producer focused on the former Soviet republic of Georgia has been admitted to trading on the alternative investment market in London.
Total Perspectives, a provider of inspirational leadership seminars and training, is happy to announce the return of Leadercast Live to the north-east.
Frontea Resources is gearing up to drill six new wells Georgia.
Frontera Resources has completed its well stimulation campaign in Georgia's South Kakheti Gas Complex's Oil Window initiative.
Oil and gas exploration company Frontera Resources is set to carry out a crucial frack campaign ahead of the large scale exploitation of Georgia's South Kakheti gas complex's Oil Window initiative.
Frontera Resources continues operations to unlock what its chairman described as the "giant oil and gas potential" of the South Kakheti gas complex in Georgia.
Frontera said it is was now in the process of completing the second independent assessment of its gas resource estimates associated with the South Kakheti Gas complex in Georgia. The move comes after the company announced the results of the first report it commissioned by consulting firm Netherland, Sewell & Associates. Frontera said it was initially assessed that the site, which is estimated to hold as much as 135trillion cubic feet of gas, was one integrated geologic unit.
Georgia has held talks with Gazprom on receiving additional natural gas from Russia, Georgia's energy ministry said today, a move that has been criticised for potentially making the country more dependent on its former Soviet master.
Frontera Resources said the amount of gas-in-place at the Mtsare Khevi gas and Taribani field complexes in Georgia could be more than 10 times higher than previously thought.