Adnoc aims to restore Abu Dhabi’s gas self-sufficiency
Abu Dhabi’s gas strategy hits its stride
Rising oil and gas prices and Europe’s pivot away from Russian imports add impetus to state-owned Adnoc’s gas development drive
European leaders scrambling to Abu Dhabi in March to seek options for the potential replacement of Russian oil and gas imports must have provided further validation to NOC Adnoc that its roadmap to greater gas, as well as its traditional oil, output is well-judged. Flush also with the financial rewards of spiking prices, Adnoc resumed contracting for its flagship upstream development project—tapping ultra-sour reserves in the emirate’s northwest offshore. Midstream, international engineering giants pitched to design a new LNG export terminal planned for the UAE’s east coast. And further down the value chain, a foreign partner signed to a project at the Ruwais downstream hub converting gas to
Also in this section
21 March 2025
Two recent developments raise the prospect of a revival in northern Iraqi oil and gas fortunes, but familiar obstacles could thwart momentum
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
