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Adnoc Accelerates Gas Strategy With Major Umm Shaif Decision

Prime Highlights 

  • Adnoc approves $6.2 billion investment to develop the Umm Shaif Gas Cap by 2030.  
  • The project will unlock over 600 million scfd of gas, nearly 10% of UAE daily consumption.  

Key Facts 

  • Adnoc is Abu Dhabi’s state-owned oil and gas company, partnered with TotalEnergies, Eni and CNPC.  
  • The UAE holds the world’s seventh-largest natural gas reserves.  

Background 

Adnoc is accelerating its integrated global gas growth strategy with a $6.2 billion final investment decision to develop the Umm Shaif Gas Cap in Abu Dhabi, alongside international partners TotalEnergies, Eni and China National Petroleum Corporation. 

The UAE holds the world’s seventh-largest gas reserves. As global demand for reliable, lower-carbon energy grows, Adnoc is unlocking more of the nation’s gas resources and expanding its liquefied natural gas portfolio to serve domestic and international customers while supporting industrial and AI infrastructure growth. 

The investment marks the latest milestone in Adnoc’s gas growth strategy and will unlock more than 600 million standard cubic feet per day of natural gas and associated gas liquids, equal to nearly 10 per cent of the UAE’s current daily gas consumption. It is expected to strengthen the UAE’s energy security and its position as a reliable global energy supplier, with production expected to begin by 2030. 

Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Adnoc Managing Director and Group CEO, said the company was accelerating its integrated gas strategy to further harness the UAE’s vast gas resources and expand its global LNG platform amid rising global demand. He said the decision reinforced Adnoc’s position as a reliable gas supplier, building on decades of stewardship of Abu Dhabi’s longest-operating offshore field alongside its international partners. 

The decision follows the Supreme Council for Financial and Economic Affairs’ award of the Bab Gas Cap concession, expected to unlock a further 1.5 billion scfd of gas and liquids. It also builds on Adnoc’s global LNG marketing and trading platform, launched in Abu Dhabi Global Market, targeting 47 million tonnes per annum of marketable LNG capacity by 2035. 

The investment includes three engineering, procurement and construction packages worth $5.1 billion, awarded to consortiums of major UAE and international contractors, along with a $365 million, 14-well drilling programme to be delivered by Adnoc Drilling over 18 months.