TotalEnergies and Eni (operator) announce a ‘significant’ discovery of gas off the Cypriot coast, on the so-called ‘Cronos-1’ well, in block 6.
Located about 160 km southwest of the Cypriot coast, Cronos-1 has confirmed a net gas thickness of more than 260 meters.
‘ This success on the Cronos-1 exploration well is a further illustration of the impact of our exploration strategy which focuses on low technical cost and low emission resources, in order to contribute to energy security and provide resources additional gas supply to Europe,” said Kevin McLachlan, Exploration Director at TotalEnergies.
TotalEnergies holds a 50% stake in Block 6, of which Eni is the operator (50%).
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