Eni and TotalEnergies take FID for Cyprus’ first gas development
What happened
Eni and TotalEnergies announced FID for the Cronos gas development in Block 6 and will develop the field through four subsea wells tied via pipeline to Egyptian processing at Zohr and liquefaction at Damietta. Production start is expected in 2028 and the project relies on existing Egyptian facilities for processing and LNG export. Watch whether follow‑on procurement for pipelay, subsea hardware and export logistics tightens supplier bid windows and mobilization requirements
Why the category manager should care
Treat Cronos as an execution‑phase project that creates named long‑lead dependencies (pipelay, subsea trees, export logistics) rather than exploratory scope
Key facts
- Four subsea wells
- Pipeline to Zohr processing and Damietta LNG
- Production start expected in 2028