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ADNOC announced a final investment decision for the Umm Shaif Gas Cap project on 21 July 2026, valued at USD 6.2 billion, or AED 22.6 billion. The offshore UAE development involves partners TotalEnergies, Eni and CNPC. Production is expected to begin in 2030, so the investment decision does not mean the project's planned gas volumes are already entering the market.
The company said the development would supply more than 600 million standard cubic feet per day of gas together with natural gas liquids. It described the gas volume as approximately 10% of the UAE's daily consumption. Both the production start and this future capacity remain project expectations. They should not be combined with today's output or interpreted as a newly verified volume of recoverable reserves.
The announcement includes three engineering, procurement and construction packages worth USD 5.1 billion, or AED 18.8 billion. It also identifies an integrated drilling-services package of USD 365 million, or AED 1.3 billion, awarded to ADNOC Drilling. That work covers 14 wells over 18 months using three existing rigs. These figures describe the agreed drilling scope, not fourteen wells that were already completed when the decision was announced.
For the well-services industry, the combination of funding approval, construction commitments and an identified drilling contractor provides a clearer project-delivery framework. The 18-month drilling scope should remain distinct from the longer timetable to first gas. Equipment, infrastructure and subsequent operating readiness will all affect delivery. The source supports tracking the investment, partners, contract packages and planned wells; it does not provide individual well coordinates or a completed-well production history. Later execution updates will be needed to assess progress against the announced schedule.