chemXplore tracks 1 project in Cyprus, of which one is active.
1 new construction.
Owners and developers: Eni S.p.A. (1), TotalEnergies SE (1)
Contractors and offtakers are recorded on this project For subscribers
Targeting: Natural gas (1)
SAF reached 1.1 Mt (2.8% share), a near sixfold rise from 2024; supplied at 121 airports, 84% produced in the EU, and 18 Member States host production projects.
Valued at USD $500–$750M, the deal covers project management, engineering, procurement and installation support, executed from hubs in Houston, Perth, London and Kuala Lumpur.
Q2 profit USD 786m; strong oil and gas prices plus higher refining and petrochemical margins offset fuel price caps and operational outages.
35% non-operated stake in Cyprus Block 12 (Aphrodite); produced gas to be sold to EGAS; completion expected early 2027, subject to approvals.
Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.
Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.
Final Investment Decision for Cronos targets first Cypriot gas in 2028; field holds >3 Tcf GIIP and will route gas via Egypt’s Zohr and Damietta for LNG exports.
Cyprus' first gas field will send about 2.8 Mtpa LNG to Europe via Egypt's Damietta terminal; start-up expected 2028 and half the output will be marketed to Europe.
Board (excluding Nassef and Nadia Sawiris) backs NNS cash offer and court-appointed directors agree to convene an EGM to approve the Orascom transaction, conditional on NNS declaring and settling the offer.
Commercial discovery declared for the Glaucus and Pegasus fields in Block 10 offshore Cyprus; parties will advance regulatory approvals and development planning.