Eni makes another gas discovery offshore Cyprus - ENI

21 DECEMBER 2022 - 10:00 AM CET

San Donato Milanese (Milan), 21 December 2022 – Eni announces a new gas discovery offshore Cyprus with the well Zeus-1, drilled in Block 6, 162 km off the coastline in 2300 meters of water depth. The Block is operated by Eni Cyprus, holding 50% interest, with TotalEnergies as partner.

Zeus-1 is the third consecutive discovery in Block 6. It follows Cronos-1 and Calypso-1 and confirms the promising outlook for the area and its development. Zeus-1 encountered 105 meters of net gas pay in a carbonate reservoir sequence. The gas in place associated to this reservoir is preliminarily estimated between 2 and 3 TCF.

Zeus-1 well was drilled and successfully tested with the Tungsten Explorer drill ship. Results of the test are being incorporated in the evaluation of the discoveries cluster that will drive subsequent studies and operations targeting a fast-track development of Block 6.

Eni has been present in Cyprus since 2013. The Company operates Blocks 2,3,6,8 and 9, and has participating interests in Blocks 7 and 11 operated by TotalEnergies.

Total and ENI set to expand their presence in Cyprus’ EEZ, according to government sources - IN CYPRUS / CNA

May 10, 2019 at 3:23pm
Edited by Bouli Hadjioannou

Energy giants Total and ENI are set to expand their presence in the exclusive economic zone (EEZ) of the Republic of Cyprus, and according to government sources they are expected to cooperate in hydrocarbon activities in offshore block 7.

With official announcements on the matter still pending, the same sources told CNA that the French and Italian energy companies may also cooperate in other blocks, in Cyprus’ EEZ. Discussions are being held on multiple levels, with talks between experts still underway, the same sources said.

Last November, the Ministry of Energy announced that it received a single application from joint venture Total E&P Cyprus B.V. / Eni Cyprus Limited, for a licence to carry out explorations for hydrocarbons in block 7 of Cyprus’ EEZ.

Foreign Minister Nicos Christodoulides said on Thursday that developments should be expected in the next few days, concerning the energy programme of the Republic of Cyprus.