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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 .

New Era22 Jul 2026, 10:00 am
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.

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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.

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Originally published by New Era on 22 Jul 2026, 10:00 am. View original article
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