- ENI granted license to develop Cronos offshore gas discovery in Cyprus; ENI joins Total in eastern Mediterranean project, confirming ENI’s direct role in Cronos field development plans.
- ENI and Mercuria will form a 50/50 JV to trade oil, natural gas, LNG and biofuels globally; partners say operational and structural details will be announced soon.
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Key facts: ENI to Develop Cronos Gas in Cyprus; 50/50 JV with Mercuria
ENI granted license to develop Cronos offshore gas discovery in Cyprus; ENI joins Total in eastern Mediterranean project, confirming ENI’s direct role in Cronos field development p