ADNOC's $150B Investment Plan for Oil, Gas, and Industrial Growth
Update: 2025-11-25
Description
ADNOC, the UAEs national oil company, has unveiled a $150 billion investment plan for 2026-2030, marking one of the largest spending cycles in its history. This commitment to oil, gas, and industrial growth will maintain current production, boost natural gas output, and accelerate growth in refining and chemicals. The plan includes the creation of ADNOC Ghasha, a new company for the Ghasha Concession, expected to produce 1.8 billion standard cubic feet of gas and 150,000 barrels of oil daily. This investment also supports the UAEs goal of self-sufficiency in gas and potential LNG exports. ADNOC plans to direct $60 billion into the local economy through its In-Country Value program. The company is also focusing on becoming the worlds most AI-enabled energy company.
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