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.

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