Built on production. Positioned for growth.
9,587 km²
Combined licence area
2 Countries
Operating across Georgia and Gabon
7 PSCs
In Georgia
76.5%
Interest in Gabon assets
Who we are
Led by a management team with unrivalled Caucasus experience and extensive expertise in West Africa, Block Energy is an independent energy company with an established operating base in Georgia and an offshore growth position in Gabon.
In Georgia, Block holds interests in seven Production Sharing Contracts covering 4,256 km2 and is advancing five concurrent projects to increase production, redevelop existing fields, discover new oil and gas deposits, and commercialise the significant oil, gas and CCS potential across its licences.
Offshore Gabon, Block holds a 76.5% indirect economic interest in the Ndjila and Mpari Production Sharing Contracts, providing exposure to discovered resources and material exploration upside in one of Sub-Saharan Africa’s most established offshore hydrocarbon provinces.
Our projects
Block is pursuing five concurrent Georgian projects and a growth position offshore Gabon to:
Increase existing production
Identify new oil and gas deposits
Redevelop existing fields
Commercialise oil, gas and CCS potential
This diversified approach creates multiple pathways for value creation leveraging Block’s established operational presence in Georgia.
Block expanded beyond Georgia in 2026 by taking a 76.5% indirect economic interest in the Ndjila and Mpari PSCs, large contiguous licences offshore Gabon with discovered oil. An advanced anchor discovery tested at 3,300 bopd is primed and ready to go.
Gabon
Our offshore Gabon licences offer exposure to discovered resources and significant exploration upside in a mature hydrocarbon province.
Project I
Project I combines established production, development potential, and innovative drilling techniques to generate cash flow, support future growth, and maximise value across the wider portfolio
Project II
Project II is focused on realising the substantial potential of the Patardzeuli-Samgori field, leveraging a large contingent resource base, proven production history, and attractive development opportunities
Project III
Project III is focused on developing a significant gas resource with multi-trillion cubic feet potential, supported by strategic partnerships and long-term value creation opportunities
Project IV
Project IV targets significant exploration upside across multiple licences, supported by a strategic farm-out partnership and a fully funded programme designed to unlock substantial resource potential
Carbon Capture and Storage
Our CCS initiative has the potential to establish a major CO₂ storage hub in Georgia, supporting industrial decarbonisation and contributing to long-term net-zero objectives
Why Block Energy
Diversified portfolio
Production, redevelopment, gas, exploration and CCS opportunities
Proven operator
Experienced management team with an established in-country operating base
Funded growth
Farm-out success helping advance projects with reduced capital exposure
International expansion
Growing from a strong Georgian foundation into offshore Gabon