TotalEnergies, Eni, and CNPC joined ADNOC in a $6.2 billion final investment decision for the Umm Shaif Gas Cap project. This partnership supports ADNOC’s strategy to expand global LNG portfolios and meet rising international demand.
The project aims to produce over 600 million standard cubic feet of natural gas per day. This output represents approximately 10% of the UAE’s current daily gas consumption.
The partners target offshore production to begin by 2030. The investment secures energy supplies for the UAE’s expanding industrial and AI infrastructure.