Cronos Gas Field

Summary Information

• Operator: ENI
• Country: Cyprus
• Location: Block 6, Offshore
• Production start: Expected 2028
• Partners: ENI 50%, TotalEnergies 50%
• Type: Gas
• Estimated Reserves: 3 TCF
• Production Volume:

Description

• The project will bring to production the gas volumes from Cronos field, in Block 6, which holds more than 3 Tcf of gas initially in place (GIIP).
• Cronos will be developed through four subsea wells.
• Production is expected to reach a plateau of 500 mmscf/d;
• gas will be transported and processed in existing Zohr Gas Field facilities, in Egypt, then transferred and liquefied in Damietta SEGAS LNG Terminal for export as LNG to international markets, primarily Europe.

Contractors

• McDermott: Project management, engineering, procurement and installation support

History

• 2022 - The Cronos field was discovered
• 2026 - ENI announced FID

Links

1. Eni makes a significant gas discovery offshore Cyprus
2. Eni announces Final Investment Decision for Cyprus’ Cronos project
3. McDermott Awarded Subsea Contract for Cronos Development in Cyprus