The final investment decision to develop the Kronos natural gas field in block 6 of Cyprus’ exclusive economic zone offers an opportunity to exploit the area’s remaining gas reserves for the island’s domestic needs, according to energy expert Charles Ellinas. Speaking to the Cyprus News Agency (C...

Cyprus Mail • Jul 29

Cyprus revenues from Kronos gas project expected to stay modest

Gas field decision unlocks domestic energy opportunities, expert says The final investment decision to develop the Kronos natural gas field in block 6 of Cyprus’ exclusive economic zone offers an opportunity to exploit the area’s remaining gas reserves for the island’s domestic needs, according t...

Hellenic Shipping News • Jul 29

Cyprus: TotalEnergies Approves the Development of the Cronos Gas Field to Supply Europe with LNG

TotalEnergies (50%) and Eni (50%, operator), partners in Cyprus offshore Block 6, have taken the Final Investment Decision (FID) for the development of the Cronos gas field, discovered in 2022 and successfully appraised in 2024. Located in deep offshore waters approximately 185 kilometers southwe...

Offshore Technology • Jul 28

TotalEnergies, Eni reach agreement to develop Cyprus’ Cronos gas field

TotalEnergies and Eni have jointly approved the development of the Cronos gas field in Cyprus offshore Block 6, following a FID.

Cyprus Mail • Jul 28

Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Energy Minister Michael Damianos on Tuesday described the consortium’s final investment decision to develop the Kronos natural gas field in Block 6 of Cyprus’ exclusive economic zone (EEZ) as a “historic milestone” for Cyprus, saying it marks the country’s entry into the commercial exploitation o...

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