ADNOC approves $6.2 billion gas project investment
Abu Dhabi’s national oil company has made a final investment decision to develop the Umm Shaif Gas Cap project.
The project is part of its strategy to grow its global gas portfolio, with a total investment of $6.2 billion.
The final investment decision includes three engineering, procurement, and construction packages totaling $5.1 billion for large-scale offshore infrastructure.