Energy companies TotalEnergies and ENI have discovered a significant gas field at the Cronos-1 well in Block 6 offshore Cyprus, Reuters reports.

"This successful exploration well at Cronos-1 is another illustration of the impact of our Exploration strategy which is focused on discovering resources with low technical cost and low carbon emissions, to contribute to energy security including to provide an additional sources of gas supply to Europe," said Kevin McLachlan, Senior Vice President, Exploration at TotalEnergies.