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TotalEnergies Advances Cyprus’ First Gas Development With Cronos FID
['Europawire Pr Editor', 'Posted On']
EuropaWire
(IN BRIEF) TotalEnergies and Eni have taken the Final Investment Decision to develop the Cronos gas field in Cyprus offshore Block 6.
(PRESS RELEASE) PARIS, 29-Jul-2026 — /EuropaWire/ — TotalEnergies and Eni have taken the Final Investment Decision for the development of the Cronos gas field, marking Cyprus’ first gas development project.
The Cronos field was discovered in 2022 and successfully appraised in 2024.
He said Cronos, as Cyprus’ first gas development, will support the creation of a new regional gas hub in the Eastern Mediterranean by using Egypt’s existing infrastructure.
TotalEnergies on social mediaCautionary NoteThe terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE.