Adnoc Approves $6.2 Billion Project to Boost Gas Production
ADNOC approved a $6.2 billion final investment decision for the Umm Shaif Gas Cap project offshore Abu Dhabi, including $5.1 billion of EPC packages and $365 million for 14 wells. Output of more than 600 MMscfd is expected by 2030, with partners TotalEnergies, Eni and CNPC.
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