Eni fast-tracks Cypriot gas project for 2028 first gas

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Italian energy major Eni and TotalEnergies have given final investment approval for the Cronos offshore gas project in Cyprus, targeting first gas production in 2028. The project is located in deep offshore waters approximately 185 km southwest of Cyprus.

Italian major Eni is pushing ahead with its Cronos project offshore Cyprus, with the first gas expected to be produced in 2028. Eni and its partner TotalEnergies have taken the final investment decision (FID) to develop the Cronos gas field, discovered in 2022 and successfully appraised in 2024. Located in deep offshore waters approximately 185 km southwest …