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

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Decom Engineering Secures US Patent for Subsea Cutting Tech

Eni Makes Gas Discovery Offshore Egypt, Eyes Fast-Track Development

Current News

Turkey Launches Deep Sea Drilling Mission in Somalia

OMV Nominates BP Executive Emma Delaney as Next CEO

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

OneSubsea to Supply Production Boosting System for Shenandoah Field

Subscribe for OE Digital E‑News