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Abu Dhabi’s National Oil Company Invests $6.2 Billion in Umm Shaif Gas Cap Project to Enhance UAE’s Natural Gas Production

07/21/2026, 12:36 AM announcement energy Abu Dhabi National Oil Company China National Petroleum Corporation Eni TotalEnergies

Abu Dhabi's National Oil Company is set to invest $6.2 billion in the Umm Shaif Gas Cap project, aiming to enhance natural gas production and liquefied natural gas exports, which is crucial for energy security amid global supply vulnerabilities.