focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
this is from the GerogiaToday website back 2015 and its starting to sound like its pretty accurate after seeing the interest from majors in Georgia . fingers crossed eh
The recent nontrivial discovery by Frontera will almost certainly confirm that this field is in the top 10 largest gas fields on the planet. Some American experts say that it is likely to be confirmed at around 100 trillion cubic feet recoverable and will therefore rank as the 6th largest, just behind Russia’s giant Shtokman field, while Azerbaijan’s Shah Deniz field is currently ranked 18th largest at 42 tcf (Trillion Cubic Feet).
The Shah Deniz field is currently the key reserve for the Southern Gas Corridor project, an initiative of the European Commission for gas supply from Caspian and Middle Eastern regions to Europe. Conveniently, the designated pipeline route of the Southern Gas Corridor travels across this new field in Georgia using existing infrastructure; relatively, the status of Georgia as a transit country will quickly be redefined as ‘key supplier.’
Energy experts believe that even though the South Kakheti Gas Complex is still in relatively early stages of development, possible high-caliber global interest is likely to guarantee that this strategic asset will be very quickly developed.
http://georgiatoday.ge/news/1636/God%E2%80%99s-Gift-Revealed%3A-Georgia-Could-Become-a-Key-European-Energy-Supplier
18min video talking all about Frr just appeared on YouTube , can’t imagine it’s saying anything positive considering it’s Russian/ Ukraine looking , I’m at work so il leave it to you guys to listen
https://m.youtube.com/watch?v=mPEsYPOEyy4&feature=youtu.be
found more tenders for BP in Georgia COB dated 19th April 2019 so fairly recent. Loads of info here so i wont post it all, they are looking for land transportation and fleet management and it says 'border crossing will primarily be between Azerbaijan and Turkey' soooo are they bring in equipment into Georgia then?
PROVISION OF LAND TRANSPORTATION & FLEET MANAGEMENT SERVICES
>BIDDER shall provide different type of fleet of Light Vehicles Sedan, SUV, Pick-ups, Multi Passenger Vehicles (minibus up to 16 seat, minicoach up to 8 seat ) with short term rent (day, week , month) or long term vehicle lease ( 1-5 years) ; for long distance (over 25 km)
>BIDDER shall provide the comprehensive insurance coverage for vehicles
>Provision of qualified and competent drivers to meet COMPANY land transportation demand
>24/7 Journey Management Plan (JMP) for trips, exceeding 25km or other remote locations/field site
>BIDDER shall provide fully managed Vehicle Maintenance Services to the existing COMPANY owned fleet,
https://eugbc.net/announcement-bp-exploration-caspian-sea/
nice to see some positive posting on here again, been a hell of a slog
fingers crossed coggy, no hanging about either, interested parties have until Saturday to apply ;)
The relevant authority within COMPANY requests potential suppliers to submit their interest for participating in the bid(s) to the following individuals : Nino Sharukhia at sharukhn@bp.com and Maka Lomadze at lomam0@bp.com by naming the email subject as: /Letter of Interest – Provision of camp management, maintenance and catering services for BP Georgia remote facilities / COB 8th June, 2019
what is interesting about BP in Georgia is they seem to be a Public Bid Announcement for BP Exploration (Caspian Sea) they seems to be looking for contractors for the following in Georgia:
CAMP MANAGEMENT AND CATERING SERVICES FOR BP GEORGIA REMOTE FACILITIES
Applicant shall accomplish delivery of fully sustainable and uninterrupted provisions of self-performed or sub-contracted 3rd party services (as required), within the Scope of Services, that INCLUDES:
Provision of catering services
Provision of lodging Services
Provision of all necessary catering and lodging supplies (i.e. crockery / cutlery / bed linen / towels / soft furnishings) to carry out the service
Cleaning services
Laundry Services
Recreation services management
Waste collection and segregation
Provision of indoor housekeeping Services
Hotel/ Guesthouse Management
People on Board (POB) management
Pest Control Services
BP planning on setting up camp in Remote area of Georgia eh ??? this article was posted 6 days ago
http://eugbc.net/bp-announces-public-tender-on-the-following-scopes-%F0%9F%91%87/
i see FRR still donating to the AC .... not much tho $5,000 - $9,999 bracket. donations page updated on the 3rd may 2019
https://www.atlanticcouncil.org/component/content/article/55-experts/14410-karim-mezran
found an offshore litigation blog that refers to FRR case
For centuries, the common Law Courts have exercised the jurisdiction to intervene by injunction to prevent a wrong that is merely threatened, and not yet embarked on, both permanently after a full trial, and also on an interim basis pending the trial.
The discretion to grant the so called “quia timet” (because it fears) injunction is sparingly exercised, and applicants must in particular be cautious in seeking interim injunctions, because those sought on an urgent basis, where there is no real urgency, or without full disclosure to the Court of all relevant facts and law where the application is made ex-parte in the absence of the defendant, are liable to be refused or set aside by the Court with serious adverse cost orders.
The legal requirements for the grant of an interim quia timet injunction are that, in addition to the usual requirements for an interim injunction (including that damages awarded at trail would not be an adequate remedy), the applicant must show at least some real risk of an actionable wrong being committed if the injunction is not granted.
These issues fell to be considered by the Cayman Islands Grand Court in the recent case of Frontera Resources Corporation v Hope and Outrider Master Fund LP, where a variation to an injunction obtained by the plaintiffs against them, obtained by the defendants on an “urgent” ex parte application to vary that injunction, had itself amounted to a quia timet injunction against the plaintiffs.
The Court found that the variation should be set aside as having been obtained on the basis of affidavit evidence which had failed to disclose material facts and/or fairly to present the merits of the case, and that the legal requirements for an interim quia timet injunction were not met; the Court was also critical of the lack of urgency. The variation was set aside with costs against the defendants to be assessed on the indemnity basis. Applicants for interim quia timet injunctions would do well to bear in mind the advice of Friar Lawrence to Romeo; “Wisely and slowly; they stumble that run fast”.
https://www.harneys.com/our-blogs/offshore-litigation/2019/03/15/direct-threats-require-direct-action-dick-cheney/
Found it a while ago and only posted it on twitter to keep a record of it , no idea if it’s any help
https://twitter.com/572chris/status/1081499199945015297?s=21
Good to see products for sale on a Russian website
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&nv=1&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=https://fishki.ua/po/komplekt-litsenzionnogo-p-o-defenx-mobile-security-suite-1-god-dlya-odnogo-ustroystva/&xid=25657,15700022,15700186,15700191,15700253,15700256,15700259&usg=ALkJrhi2B0GIxE20JuQ2caHfg_t8D46Rqg
This is not the first attempt by some US lawmakers to impose sanctions on the government of the Georgian Dream.
Georgia may be included in the US sanctions list. The US Congress will consider the relevant bill. The reason is the pressure on the business, which, in the opinion of American lawmakers, is carried out by the Georgian authorities. How likely is this development and how did Tbilisi react to unpleasant news from Washington?
Impose sanctions on Georgia if it turns out that the government violates contractual agreements with persons representing the United States (US citizens; foreigners permanently residing in the US; legal entities established in accordance with US law) and conducting business operations in Georgia. The House of Representatives of the US Congress will consider a bill submitted by the representative of the Republican Party of Oklahoma, Marquein Mallin. The document that received the working title “The Sanctions Act on Fair Business Practices of Georgia of 2019”,
Georgian officials will have a hard time. Their property in the United States, if any, will be arrested, and bank assets frozen. Also, persons involved in such a report should no longer expect to receive a US visa or other documents to enter the United States. In the case of a valid visa, it will be canceled.
This is not the first attempt by some American lawmakers to impose sanctions on the government of the Georgian Dream. In December 2017, another Republican, Steve Russell, also introduced a bill to Congress, implying sanctions because of alleged pressure on American business in the country. The reason was then called information about state intervention in the activities of world tobacco giant Philip Morris, as well as the oil-extracting Frontera Resources and the mining Georgian Manganese, with American capital. Last time, Congress did not approve the document. Official Tbilisi expressed confidence that even now American lawmakers will not be led by individual politicians who do not have accurate information.
https://www.ekhokavkaza.com/a/29906191.html
This any help ?
https://twitter.com/572chris/status/1081499199945015297?s=21
The Ministry of Economy of Georgia has released a statement about Georgia's energy policy
The main direction of the energy policy of the Government of Georgia is to increase the energy security and independence of the country, gradual reduction of dependence on imported energy resources through the use of local energy resources, supply sources and diversification of routes.
i know we have bigger fish to fry but nothing else worth posting.
The Forum has become an annual event and is a traditional platform to discuss projects in different sectors of economy. It is particularly important for cooperation between Azerbaijan and Georgia, as well as for the development of the business-to-government dialogue, establishment of contacts between entrepreneurs, and for the realization of new ideas and projects”
Over 300 delegates coming from 30 countries will attend the Caspian Energy Forum Tbilisi-2019. Among them there will beheads of the Government agencies of Georgia and Azerbaijan, representatives of diplomatic and international missions accredited in Georgia, as well asheads of large transnational companies and international financial institutions.
http://caspianenergy.net/en/events/46164-pasha-bank-georgia-becomes-sponsor-of-caspian-energy-forum-tbilisi-2019
Quote from him today 'Those who oppose the country's independence are simply an enemy of the country'. which is exactly what he did regarding Georgia's hydrocarbon potential for the entire time as energy minister.
He then goes banging on about how the country amazing HPP potential which he is set to financially benefit from ..... absolute snake.
surly after all this well torturing will be able to bump those CPR numbers up ;)
pretty sure they raised 3-4 million.... remember being put off by someone talking about how they would burn through that quick and would likely do placings .....had flash back to the morning i woke up and FRR has doubled the shares from 4bill to 8 bill and though i can do that to myself again haha.
I spy a New picture of Steve Nicandros on Twitter
The ???? ???? Business Council, @BCIU and @MoldovaEmbUS organized a round table with I. Chicu, Min. of Fin., and O. Armasu, Gov. of the Nat. Bank, on 04/09/19. The participants highly appreciated the fin. reforms, acknowledging ???? econ grwth and competitiveness in the region.
https://twitter.com/moldovaembus/status/1116072548477886470?s=21
you on twitter bugs ? would be good to have direct contact for these kinds of things :)
Morning bugs ! The picture was upload on Thursday and it says on the picture “Georgia, Taribani oilfield “ . Are we talking sbout the same picture?