A major gas discovery in the Cronos-1 field, block 6 offshore Cyprus has been announced by energy companies TotalEnergies and ENI.
According to ENI’s official announcement, preliminary estimates in the Cronos-1 field of block 6 indicate the existence of 2.5 tcf of natural gas.
For its part, TotalEnergies highlights that the field located at approximately 160 km southwest of the Cyprus coast, Cronos-1 encountered several good quality carbonate reservoir intervals and confirmed overall net gas pay of more than 260 meters.
“Strategic Exploration”
“This successful exploration well at Cronos-1 is another illustration of the impact of our Exploration strategy which is focused on discovering resources with low technical cost and low carbon emissions, to contribute to energy security including to provide an additional sources of gas supply to Europe” said Kevin McLachlan, Senior Vice President, Exploration at TotalEnergies.
The Cronos-1 deposit is the fourth target operated by ENI and the second in block 6. The company operates blocks 2, 3, 6, 8, and 9 and has interests in blocks 7 and 11 operated by Total.
The announcement of the Ministry
The Ministry of Energy, Trade and Industry announces that the work of the “Cronos-1” exploratory well has been successfully and safely completed, within Block 6 of the Exclusive Economic Zone of the Republic of Cyprus, by the joint venture of Eni Cyprus Limited and TotalEnergies EP Cyprus B.V.
The drilling, which was carried out by the drillship “Tungsten Explorer” in a water depth of 2,287 meters, demonstrated the existence of a column of pure natural gas of 260 meters. Based on the extensive analysis of the resulting data, the reservoir that was discovered has characteristics of good to excellent quality and has, according to preliminary estimates, a total amount of natural gas of 2.5 trillion cubic feet (Tcf).
With the consortium and the Ministry of Energy already working on ways to accelerate and make the best use of this new discovery in the Cyprus EEZ, including contributing to Europe’s efforts to strengthen its energy security, the “Tungsten Explorer” has now moved on to the target “Zeus-1”, for a new exploration well in Block 6 in order to more accurately estimate the quantities of natural gas in said Block.
Data so far
The relevant information about a large natural gas deposit in “plot 6” of the Exclusive Economic Zone of the Republic of Cyprus was leaked to the Cypriot media at the beginning of the month.
The same information stated that there are also indications of the existence of a second column of natural gas, next to the location of the field.
Plot 10
It is recalled that last March, the work of the “Glaucus-2” appraisal well was successfully and safely completed, in Block 10 of the Exclusive Economic Zone of the Republic of Cyprus.
The drilling operations, which also included production tests, were conducted by the ExxonMobil Exploration and Production Cyprus (Offshore) Limited / Qatar Petroleum International Upstream LLC joint venture, which holds a Hydrocarbon Exploration License for the Block in question.
The drilling demonstrated the presence of a natural gas reservoir with high quality characteristics. The consortium will proceed with a detailed analysis and evaluation of the data they have collected, to more accurately determine the qualitative and quantitative characteristics of the reservoir, but also the potential options for development and commercialization of the discovery.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.
Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.
Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread
Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion
Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece
Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece
Pope Francis: A Pontiff Who Reshaped the Papacy and Sparked a Global Conversation
His first words from the balcony of St. Peter’s Basilica—“Brothers and sisters, good evening”—set the tone for a pontificate that would challenge norms, favor mercy over dogma, and bring the papacy closer to the people.
When Blue Skies was Unmasked as ND’s Political ‘Slush Fund’
The fact that so many top New Democracy (ND) party cadres were paid by the firm Blue Skies, owned by Thomas Varvitsiotis and Yiannis Olympios, without ever citing this publicly, raises very serious moral issues, regardless of the legality
Greek Women’s Water Polo Team Top in the World after 13-9 Win Over Hungary
The Greek team had previously defeated another tournament favorite, the Netherlands, to reach the final.
![Πλημμύρες: Σημειώθηκαν σε επίπεδα ρεκόρ στην Ευρώπη το 2024 [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/04/FLOOD_HUNGRY-90x90.jpg)
![Ξενοδοχεία: Μεγάλο το ενδιαφέρον για επενδύσεις στην Ελλάδα – Η θέση της Αθήνας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/03/Athens-hotels-90x90.jpg)
