Paris, France – TotalEnergies has announced its Final Investment Decision (FID) for the significant Umm Shaif Gas Cap development, a strategic move within the Umm Shaif and Nasr offshore concession. This decision underscores the company’s deepening commitment to Abu Dhabi’s substantial gas resources and aligns with the United Arab Emirates’ long-term gas growth objectives.
The project, situated in Abu Dhabi’s oldest offshore field which has been in production since 1962, is poised to unlock over 600 million cubic feet of gas per day by 2030. Crucially, it will also maximise condensate recovery by tapping into gas cap resources located above the field’s existing oil reservoirs. TotalEnergies holds a 20% stake in the concession, alongside ADNOC (60%), CNPC (10%), and ENI (10%), with ADNOC Offshore serving as the operator.
This development is designed with a strong emphasis on cost efficiency and emission reduction, leveraging synergies with existing offshore infrastructure and utilising clean electricity from the UAE’s national grid. The Umm Shaif Gas Cap project holds the potential to escalate gas production to as much as 1.5 billion cubic feet per day in the future, thereby reinforcing the UAE’s integrated gas value chain.
The FID follows the 2018 award of the Umm Shaif and Nasr concession for a 40-year term, highlighting TotalEnergies’ role as the technical Asset Lead for the concession in collaboration with ADNOC and its partners. This initiative is set to enhance the valorisation of additional Umm Shaif resources.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, expressed satisfaction with reaching this milestone, stating, “Following the recent award of the Bab Gas Cap concession, this final investment decision marks a new significant step in the development of Abu Dhabi’s significant gas resources. This development will contribute to TotalEnergies’ upstream production beyond 2030 thanks to low-cost, low-emission resources.”
TotalEnergies boasts an 87-year presence in the United Arab Emirates, positioning it as the leading foreign entity active across the nation’s entire energy value chain. In the upstream sector, its long-standing partnership with ADNOC has led to stakes in nearly all major concessions, contributing significantly to hydrocarbon production. The company’s engagement extends across the natural gas and LNG value chain, including a 5% stake in ADNOC LNG and a recent 10% acquisition in the Ruwais LNG project. Furthermore, TotalEnergies is actively expanding its renewable energy activities in the UAE, particularly in decentralised solar production, and maintains a robust presence in lubricant production and distribution.
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