Abu Dhabi's National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.

New offshore project adds to Ruwais LNG and Bab Gas Cap expansion as UAE positions itself as a net exporter

Abu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with international energy companies. The project…