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TotalEnergies renews Abu Dhabi Umm Shaif and Nasr offshore concession for 40-year term
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TotalEnergies renews Abu Dhabi Umm Shaif and Nasr offshore concession for 40-year term
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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