Halliburton has secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development offshore Cyprus.
McDermott has secured a $500 million-$750 million subsea contract from Eni for the Cronos gas development offshore Cyprus, covering project management, engineering, procurement and installation support.
Eni and TotalEnergies have taken FID on the Cronos gas project offshore Cyprus. Four subsea wells will tie back to Zohr, with the gas processed and liquefied at Damietta LNG.
QatarEnergy, the Government of Cyprus and ExxonMobil signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10, advancing regulatory, development and production planning.
