Abu Dhabi Approves $6.2 Billion Gas Project at Umm Shaif Field

Abu Dhabi's National Oil Company (ADNOC) approved a $6.2 billion project to develop the Umm Shaif offshore gas field, aiming to increase natural gas production by over 600 million cubic feet per day by 2030 and strengthen UAE’s position in global LNG markets.

By Emma Graham · CNBC · July 21, 2026, 06:49 UTC

Abu Dhabi Approves $6.2 Billion Gas Project at Umm Shaif Field

Topics: Abu Dhabi ADNOC gas production LNG exports Umm Shaif Gas Cap

Read the full article at CNBC

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