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

Exploration Well in Black Sea Offshore Block Comes Up Dry

Hungary’s MOL Forms Strategic Oil Partnership with Libya’s NOC

Aker BP Brings North Sea Subsea Tie-Back Project on Stream

Current News

Longitude Launches New PSV Design to Target Cost Efficiencies

ConocoPhillips to Cut Costs as Oil Prices Weigh on Earnings

Stena Drilling’s Stena Evolution Drillship Gets DNV’s Emissions Notation

EnBW and Google Agree Offshore Wind Power Supply in Germany

Subscribe for OE Digital E‑News