Eni, TotalEnergies Make Major Gas Discovery Off Cyprus

Eni, TotalEnergies Make Major Gas Discovery Off Cyprus

OilPrice.com

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European majors Eni and TotalEnergies announced on Monday a significant gas discovery offshore Cyprus, just as Europe scrambles to secure non-Russian gas supplies. Eni, as operator of Block 6 offshore Cyprus, and its partner TotalEnergies encountered in the Cronos-1 well, an important gas column in a carbonate reservoir sequence of fair to excellent properties, the Italian energy firm said. Preliminary estimates indicate there are about 2.5 trillion cubic feet (TCF) of gas in place, “with significant additional upside that will be investigated…

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