The agreements for liquefied natural gas produced using feed gas from the North Hub and South Hub projects amount to about 2 million metric tons a year.

Cyprus Mail • May 23

Kronos gas development: A viable project for companies — but will Cyprus benefit?

On 19 May Cyprus approved the Development and Production Plan of the Kronos gasfield in block 6 by the ENI-TotalEnergies consortium. This focuses on a fast-track, subsea tie-back to the existing Zohr and Egyptian gas infrastructure, to be liquefied at the Damietta LNG plant for export. The estima...

Financial Mirror • May 23

Cronos gets DPP approval on eve of elections

The Cyprus cabinet has finally approved, just days before crucial parliamentary elections, the development and production plan for the 3.1 tcf Cronos gas field, paving the way for partners Eni and TotalEnergies to take a final investment decision (FID) and first natural gas exports within two yea...

Offshore Energy • May 22

Eni and BlackRock’s GIP score over $670 million financing boost to fuel CCS growth

Eni CCUS Holding, a strategic partnership between Italy’s energy giant Eni and Global Infrastructure Partners (GIP), a part of BlackRock, has expanded its financing sources to strengthen its carbon capture and storage (CCS) project platform. The post Eni and BlackRock’s GIP score over $670 million

Offshore Energy • May 22

Eni pulls off LNG offtake hat trick in Southeast Asia

Italy’s energy giant Eni has lined up three new long-term liquefied natural gas (LNG) supply agreements for its gas project duo in Indonesia, Southeast Asia. The post Eni pulls off LNG offtake hat trick in Southeast Asia appeared first on Offshore Energy.

In-Cyprus • May 21

Major breakthrough for Cyprus’ energy sector

Cyprus has taken a major step forward with the cabinet’s approval of the development and production plan for the Cronus gas field in Block 6 of its exclusive economic zone. The same block also hosts the Calypso and Zeus fields, operated by a consortium led by Eni and TotalEnergies. With this move...

In-Cyprus • May 20

Eni moves towards final investment decision on Kronos as Cyprus approves gas development plan

Cyprus is moving to gas production for the first time, after the Council of Ministers approved a development plan for the Kronos deposit in Block 6 of the country’s Exclusive Economic Zone (EEZ), with the Eni-TotalEnergies consortium preparing to take a Final Investment Decision (FID) and first e...

In-Cyprus • May 19

Cyprus to sell first gas to Europe by 2028 after Cabinet approves field development deals

Cyprus’s Cabinet approved the development and production plan for the Kronos gas field and the key terms for the sale of Cypriot natural gas on Tuesday, with the first gas targeted for sale to Europe via Egypt in 2028. The Eni-TotalEnergies consortium is moving to a final investment decision on K...

Offshore Energy • May 18

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends. The post More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda appeared first o

Rigzone • May 18

Eni Completes Investment in Canadian Battery Feedstock Project

The commitment from the Italian state-backed energy major is part of a $213.16 million capital raise via private placement for phase 2 of NMG's Matawinie Mine project in Canada.

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