Eni S.p.A.Eni Cyprus awarded the Cronos gas field subsea contract, advancing its Cyprus gas development.

McDermott has been awarded a substantial subsea contract by Eni Cyprus Limited for the Cronos gas field development offshore Cyprus, marking its first subsea project with Eni and expanding its presence in the Eastern Mediterranean. The contract, valued between USD 500 million and USD 750 million, covers project management, engineering, procurement, and installation support. The work will be executed by McDermott's Subsea and Floating Facilities team, drawing on resources from Houston, Perth, London, and Kuala Lumpur, and supported by its marine construction fleet. Mahesh Swaminathan, Senior Vice President of Subsea and Floating Facilities, highlighted the company's integrated capabilities and the role of its deepwater asset, the Amazon, in advancing the project safely and efficiently.
Eni S.p.A.Eni Cyprus awarded the Cronos gas field subsea contract, advancing its Cyprus gas development.
Amazon.com IncMcDermott won a $500M-$750M subsea contract from Eni Cyprus for the Cronos gas field.
Eni Cyprus Limited awarded the subsea contract for the Cronos gas field development offshore Cyprus.