XLE & Oil

Eni Awards Key Contracts for Cronos Gas Project

Rigzone·Oct 28, 2026 · 5:37 AM CT
Read the original at Rigzone
Readthrough summary

Eni signed the main engineering, construction and drilling contracts for Cronos, Cyprus' first natural gas development, moving the deepwater project into execution. Co-owned with TotalEnergies, it is expected to start in 2028 and produce up to 500 million cubic feet a day, liquefied through Egypt's LNG plants for Europe.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Rigzone.

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