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Adnoc approves $6bn Umm Shaif Gas Cap project

By CityCalc Newsroom · Tue Jul 21 2026 · Source: AGBI

State-backed Abu Dhabi National Oil Company (Adnoc) has approved development of the offshore Umm Shaif Gas Cap project as demand for natural gas grows despite the conflict in the Middle East. The final investment decision (FID) for the $6.2 billion initiative was taken with part…

State-backed Abu Dhabi National Oil Company (Adnoc) has approved development of the offshore Umm Shaif Gas Cap project as demand for natural gas grows despite the conflict in the Middle East. The final investment decision (FID) for the $6.2 billion initiative was taken with part…

Curated by CityCalc from AGBI. Read the full article at the source.

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