TotalEnergies Approves Final Investment Decision For Cyprus Cronos Gas Field

TotalEnergies and operator Eni, holding equal 50 percent participating interests in Block 6, have authorized the offshore development of the Cronos gas field off the coast of Cyprus. The joint project addresses the operational challenge of monetizing deepwater natural gas reserves efficiently while maintaining low carbon intensity and optimizing capital expenditure. By integrating subsea hardware with existing processing assets across different jurisdictions, the partners eliminate the need to construct redundant onshore facilities.

Subsea Architecture and Infrastructure Integration
The technical solution relies on four subsea wells installed in deepwater conditions approximately 185 kilometers southwest of Cyprus. Raw natural gas extracted from these wells will enter a dedicated subsea pipeline routed to Egyptian territorial waters. Eni manages field operations, while TotalEnergies contributes to off-take commercialization and infrastructure integration.

To minimize environmental footprint and accelerate operational availability, the subsea transport infrastructure interfaces directly with the existing offshore facilities of the Zohr gas field. From this connection, the gas transits through established Egyptian pipeline networks to the Damietta liquefied natural gas terminal. At Damietta, the gas undergoes cryogenic liquefaction to allow bulk maritime transport.

Phased Implementation and Operational Metrics
The field development plan leverages existing regional gas processing assets to streamline commissioning. Commissioning is scheduled for 2028, with the production profile designed to maintain a plateau rate of approximately 500 million cubic feet per day. This yield equates to roughly 2.8 million metric tons of liquefied natural gas per year.

TotalEnergies will market 50 percent of the resulting liquefied natural gas volume to supply European markets. The shared offshore infrastructure and host agreements establish a cross-border gas route, while creating capacity for the potential tie-in of secondary natural gas prospects within Block 6 during future appraisal phases.

Edited by Evgeny Churilov, Induportals Media - Adapted by AI.

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