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Petrojet Wins Key Contracts for Cyprus’ Cronos Gas Field Development
Egypt Oil & Gas · November 3, 2026 · Week 2026-45
Summary
Egyptian state-owned EPC firm Petrojet has secured key contracts for the development of the Cronos gas field offshore Cyprus. This win highlights the growing capabilities of Egyptian service companies in the competitive Eastern Mediterranean gas market, supporting Egypt's ambition to be a regional energy hub. The Cronos field is operated by IOCs Eni and TotalEnergies.
Strategic Implication
Strengthens Egypt's role as a key service and infrastructure provider for the Eastern Mediterranean gas basin.