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ADNOC approves $6.2 billion investment for the Umm Shaif Gas Cap development in Abu Dhabi.

Sep 08, 2026•about 2 hours ago

Contract Type

contract

Abu DhabiManufacturingEnergyOil And Gas

Description

ADNOC has made a final investment decision of $6.2 billion to develop the Umm Shaif Gas Cap, collaborating with TotalEnergies, Eni, and CNPC. This project aims to enhance natural gas production and is expected to be operational by 2030.

Company Information

Company

Abu Dhabi National Oil Company (ADNOC)

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Abu Dhabi National Oil Company (ADNOC) is one of the world's leading energy producers, a company that has been at the forefront of the energy industry for over 45 years. ADNOC's activities include exploration and production of crude oil and natural gas; refining, marketing, supply, and transportation, and the manufacture and distribution of petrochemicals.

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