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21h ago

ADNOC Approves Dh22.6bn FID to Develop Umm Shaif Gas Cap

The decision will raise domestic gas supplies for industry, underpin the UAE’s expanding LNG export capacity, shore up energy security.

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Adnoc says the final investment decision for Umm Shaif Gas Cap will unlock more than 600 million standard cubic feet per day of natural gas and associated gas liquids. The National

Overview

  • ADNOC confirmed a Dh22.6 billion ($6.2 billion) final investment decision for the Umm Shaif Gas Cap on Tuesday, July 21, 2026, with ADNOC Offshore as operator and TotalEnergies (20%), CNPC (10%) and Eni (10%) as partners.
  • The project is designed to unlock more than 600 million standard cubic feet per day of natural gas and associated liquids, equal to roughly 10% of the UAE’s current daily gas use, with first production targeted by 2030.
  • ADNOC awarded three engineering, procurement and construction contracts worth about $5.1 billion for offshore infrastructure and approved a $365 million drilling programme for 14 wells to be delivered by ADNOC Drilling over 18 months using three rigs.
  • The FID is a central step in ADNOC’s integrated gas strategy that links the development to the Ruwais LNG project, a new ADGM LNG trading platform, and a national target of about 47 million tonnes per annum of marketable LNG capacity by 2035.
  • The move advances UAE energy security by boosting domestic supply ahead of the 2032 expiry of some pipeline imports, responds to regional supply risks such as Strait of Hormuz disruptions, and will support power, industry and data‑centre growth across the country.