The UAE’s state-owned energy company, ADNOC, has approved a major investment of $6.2 billion (approximately AED 22.8 billion) to advance the development of the Umm Shaif Gas Cap project offshore Abu Dhabi.
The project marks another significant step in the country’s long-term strategy to strengthen its energy sector and expand natural gas production.
The offshore development will be carried out in partnership with leading international energy companies, including TotalEnergies, Eni, and China National Petroleum Corporation (CNPC).
Once operational, the project is expected to produce more than 600 million standard cubic feet of natural gas per day, with production scheduled to begin in 2030.
The investment reflects the UAE’s commitment to meeting growing domestic and international energy demand while enhancing its liquefied natural gas (LNG) capabilities.
By increasing gas production capacity, the country aims to support energy security, diversify its energy portfolio, and reinforce its position as a reliable global energy supplier.
The approval of the Umm Shaif Gas Cap project also underscores Abu Dhabi’s continued focus on developing its natural resources through strategic investments and international partnerships, ensuring sustainable growth in the energy sector for decades to come.
