TotalEnergies, Eni Eye 2026 FID for Gas Project off Cyprus

Thursday, May 1, 2025

A final investment decision on TotalEnergies' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029.

The French oil major is developing Block 6 at the Cronos gas field in a 50-50 joint venture with Italy's Eni, which will operate the project.


(Reuters - Reporting by America HernandezWriting by Dominique PattonEditing by David Goodman)

Categories: Industry News Activity Europe Mediterranean Sea Oil and Gas

Related Stories

Jumbo Orders Two Next-Gen Heavy-Lift Vessels from Dajin

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

QatarEnergy, ExxonMobil Explore Cyprus Gas Exports via Egypt’s Infrastructure

Current News

CRP Subsea Secures Cable Protection Contract for Offshore Wind

Nordic Investors to EU: Nix Notion of Arctic Drilling

Export Curbs Should not Harm Australia's Biggest LNG-producing State

NOPSEMA Releases Australia’s Offshore Energy Industry Performance Report

Subscribe for OE Digital E‑News