ADNOC Announces Accelerated $55 Billion Investment Following UAE's Exit from OPEC
The Abu Dhabi National Oil Company (ADNOC) is accelerating a $55 billion investment in upstream and downstream projects over the next two years following the United Arab Emirates' exit from OPEC. The move allows ADNOC to pursue its growth strategy without being bound by production quotas, as part of a broader $150 billion capital plan for 2026–2030.
Topics: ADNOC capital investment oil production expansion UAE OPEC exit