UAE to invest US$6.2b in Abu Dhabi gas project
ABU DHABI – The United Arab Emirates’ state oil giant ADNOC is to invest US$6.2 billion in an Abu Dhabi natural gas development project, the firm announced yesterday. In a statement, ADNOC said it took the US$6.2 billion final investment decision to develop the offshore Umm Shaif Gas Cap with France’s TotalEnergies, Italy’s Eni and... The post UAE to invest US$6.2b in Abu Dhabi gas project appeared first on New Era .

ABU DHABI – The United Arab Emirates’ state oil giant ADNOC is to invest US$6.2 billion in an Abu Dhabi natural gas development project, the firm announced yesterday.

In a statement, ADNOC said it took the US$6.2 billion final investment decision to develop the offshore Umm Shaif Gas Cap with France’s TotalEnergies, Italy’s Eni and China National Petroleum Corporation.


