The UAE energy giant aims to boost natural gas production by 600 million cubic feet daily by 2030 to meet rising domestic and global demand.
Abu Dhabi National Oil Company (ADNOC) has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap offshore field, targeting production of 600 million standard cubic feet per day of natural gas and associated liquids by 2030. The project represents nearly 10% of the UAE’s daily gas consumption and aligns with ADNOC’s strategy to expand its liquefied natural gas (LNG) capacity to 47 million tonnes annually by 2035.
The investment includes $5.1 billion for offshore infrastructure and a $365 million drilling program, with contracts awarded to UAE and international consortiums. ADNOC Drilling will execute the 14-well program over 18 months using three existing rigs. The UAE holds the world’s seventh-largest proven gas reserves, and the project underscores its push to capitalize on growing global gas demand.
ADNOC’s CEO highlighted the move as part of an integrated gas strategy to leverage the UAE’s resources and strengthen its position in global LNG markets. Umm Shaif, Abu Dhabi’s longest-operating offshore field, has been a key asset in the country’s energy production for decades.