What is the timeline for the final investment decision and first gas production from Egypt's Denise West gas discovery?

Eni stated that it is working with BP and Egypt's Egyptian Petroleum Corporation (EGPC) to reach a final investment decision on the Denise West offshore gas discovery 'in the next few months'. First gas from the field—announced in April of the same year—is expected 'in less than two years' from the time of the statement.

How does Eni's Cronos gas development project in Cyprus relate to Egypt's role as a Mediterranean energy hub?

According to Eni, the Cronos gas development project in Cyprus' offshore 'will play a crucial role in developing Egypt's status as a Mediterranean energy hub', and the gas extracted from Cronos 'will be liquefied in Egypt's Damietta LNG plant'.

Eni, BP Aim for Final Investment Decision on Egypt's Gas Discovery in Few Months

Aug 25, 2026

Eni and BP target a final investment decision within months on Egypt's Denise West gas field, aiming for first gas in under two years. The project supports Egypt's role as a Mediterranean energy hub via the Cronos development and Damietta LNG plant.

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