ENI S.p.A.

International Oil Company
Italy ENI
Website
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Active Blocks
4
Discoveries
4
Reserves (Est.)
5-8.1
tcf
Type
International Oil Company

About

Italian multinational energy company. Operator of Blocks 6 and 8 and partner in Blocks 7 and 11, with the Calypso, Cronos and Zeus discoveries. Eni relinquished Blocks 2, 3 and 9 in early 2025 when their exploration terms lapsed, and is advancing Cronos toward development via Egypt's Zohr facilities.

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Gas Discoveries

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ENI S.p.A. in the News

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...

Daily News Egypt • Jul 28

Eni, TotalEnergies take final investment decision to link Cyprus’ Cronos gas field to Egypt

A consortium comprising Italy’s Eni and France’s TotalEnergies has taken the Final Investment Decision (FID) to develop the Cypriot “Cronos” gas field and connect it to Egyptian infrastructure, according to Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi. During a meeting with Pr...

Oil & Gas 360 • Jul 28

Eni, TotalEnergies reach FID on Cyprus’ Cronos gas development

(World Oil) — Eni and TotalEnergies have reached a final investment decision (FID) to develop the Cronos gas field offshore Cyprus, advancing the country’s first […]

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.

Seeking Alpha Energy • Jul 28

Eni, TotalEnergies to partner in developing Cyprus gas field in boost for Europe

Splash247 • Jul 28

Eni fast-tracks Cypriot gas project for 2028 first gas

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. ...

OilPrice.com • Jul 28

Cyprus Launches First Gas Project with Eni and TotalEnergies Backing

Eni and TotalEnergies have taken the final investment decision to develop the Cronos gas field in deep waters offshore Cyprus, in the Mediterranean country’s first hydrocarbon development expected to bring first gas to market in 2028. The Cronos project, operated by Eni with a 50% stake, with par...

Rigzone • Jul 28

Eni Greenlights Cyprus' First Hydrocarbon Project

Expected to start production 2028, the Cronos field is designed to produce up to 500 million cubic feet per day of gas, which will be processed into liquefied form in Egypt for export mainly to Europe.

Offshore Engineer • Jul 28

Eni, TotalEnergies Greenlight Cronos Gas Development off Cyprus

Eni and TotalEnergies have taken a final investment decision (FID) to develop the Cronos gas field offshore Cyprus, paving the way for the country's first gas project…

Offshore Energy • Jul 28

Eni and TotalEnergies take FID for Cyprus’ first gas development

Eni and TotalEnergies have taken the final investment decision (FID) for the development of […] The post Eni and TotalEnergies take FID for Cyprus’ first gas development appeared first on Offshore Energy.

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Company Details

Full Name
ENI S.p.A.
Ticker
ENI
Country
Italy
Type
International Oil Company
Blocks
4
Discoveries
4
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Key Events

Feb 17, 2025
Cronos Host Government Agreement Signed

Eni, Egypt and Cyprus (with TotalEnergies) sign a Host Government Agreement in Cairo to develop Cronos (Block 6): gas wi...

infrastructure
Jan 31, 2025
Blocks 2, 3 and 9 Relinquished

The Eni-led licences for Blocks 2, 3 and 9 lapse at the end of their exploration term and are relinquished; Korea's KOGA...

license
Dec 1, 2022
Zeus Gas Discovery

ENI announces third discovery in Block 6 at Zeus-1 well, confirming Block 6 as Cyprus' most prolific exploration area.

discovery
View all events →