Posted inExploration & Production

Eni finds more gas offshore Cyprus

“The finding confirms the region’s bright energy potential,” the Cypriot Energy Ministry said in a statement

eni

Italian major Eni alongside its partner TotalEnergies has made another “significant gas discovery” in Block 6 offshore Cyprus, the Cypriot Energy Ministry said Wednesday.

According to preliminary estimates, the quantities of natural gas of the gas discovery is between 2 to 3 trillion cubic feet (Tcf) discovered in the Zeus-1 well. Drilling was carried out by drill ship Tungsten Explorer 162 kms off the Cyprus coast, five kms west of the Cronos-1 well, at a depth of 2,300 meters.

“The finding confirms the region’s bright energy potential,” the ministry said in a statement.

It said the consortium has already begun to examine ways to “speed up and optimise the exploitation of the discoveries.”

In August, the companies had announced gas discovery in the Cronos-1 well, which Emi said, could unlock additional potential in the area and is part of Eni’s successful effort to provide further gas supply to Europe.

TotalEnergies’ Senior Vice President for Exploration, Kevin McLachlan, said: “This success at Zeus-1 further enhances the potential of Block 6, only four months after the Cronos-1 discovery.”

Total holds a 50% interest in Block 6, where Eni is the operator (50%).