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

Oil Heads for Steep Weekly Drop Despite Middle East Supply Risks

Aker BP Picks OneSubsea for Subsea Tieback Scheme off Norway

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Current News

Tenaris Nets Pipe Supply Contracts for Eni's Cronos Gas Project Off Cyprus

Oil Heads for Steep Weekly Drop Despite Middle East Supply Risks

Finland to Tender Four Offshore Wind Areas

Tender-Assist Rigs: Southeast Asia’s Quiet Workhorses Head for Full Utilization

Subscribe for OE Digital E‑News