TotalEnergies renews Abu Dhabi Umm Shaif and Nasr offshore concession for 40-year term

Reuters2026/07/21 10:40

By:Reuters

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TotalEnergies reached FID on the Umm Shaif Gas Cap development in Abu Dhabi’s Umm Shaif and Nasr offshore concession, where it holds a 20% stake.
The concession was awarded in 2018 for a 40-year term; partners include ADNOC at 60% as operator, CNPC at 10%, Eni at 10%.
The project targets more than 600 million cubic feet per day of gas by 2030, with potential to scale to 1.5 billion cubic feet per day.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TotalEnergies renews Abu Dhabi Umm Shaif and Nasr offshore concession for 40-year term

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