Cyprus: TotalEnergies Announces Significant Offshore Gas Discovery in Block 6
22 Agosto 2022 - 6:35AM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Eni
(operator) have made a significant gas discovery at the Cronos-1
well, in Block 6, offshore Cyprus. This discovery follows the
Calypso-1 discovery made on the same Block in 2018.
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.
“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 drilling of another exploration well on Block 6 is planned,
in order to investigate significant additional resource upside and
to evaluate the best development options.
TotalEnergies holds a 50% interest in Block 6, where Eni is the
operator (50%).
In Cyprus, TotalEnergies is also present in offshore Block 11
(50%, operator), 7 (50%, operator), 2 (20%), 3 (30%), 8 (40%) and 9
(20%).
***
About TotalEnergies TotalEnergies is a global
multi-energy company that produces and markets energies: oil and
biofuels, natural gas and green gases, renewables and electricity.
Our more than 100,000 employees are committed to energy that is
ever more affordable, cleaner, more reliable and accessible to as
many people as possible. Active in more than 130 countries,
TotalEnergies puts sustainable development in all its dimensions at
the heart of its projects and operations to contribute to the
well-being of people.
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