The Newsroom
Deals·October 23, 2026 at 11:06 AM EDT·1 source

Eni to Sign up to $1.8 Billion of Infrastructure Contracts for Cyprus Gas Project in Coming Days, Sources Say

debt, log scale$1.8B
$100M$1B$10B$100B

What happened

  • Eni is expected to sign infrastructure contracts worth up to $1.8 billion for a Cyprus gas project in the coming days, sources said.
  • The contracts would cover subsea infrastructure to extract, treat and transport gas to Egypt through underwater pipelines.
Potential contract value
up to $1.8 billion

Why it matters

The contracts could create a major infrastructure and services opportunity linked to eastern Mediterranean gas development, relevant to energy corporate-finance and infrastructure professionals.

What to watch. Signing of the contracts in the coming days.

Deal terms

debt
Eni → Cyprus gas project
Value
$1.8B
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Who is involved

financingEni to Sign up to $1.8 Billion of Infrastructure Contracts fo…Cyprus gas projecttargetEnibuyer
CompanyThe deal

Sources (1)

  1. The Wall Street JournalOct 23
    Eni to Sign up to $1.8 Billion of Infrastructure Contracts for Cyprus Gas Project in Coming Days, Sources Say
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