ADNOC Approves Sweeping $150 Billion Investment Plan

​On the Ground at Habshan, UAE President Reviews ADNOC’s Strategic Agenda

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors at the Habshan complex in Abu Dhabi, a strategic hub for the company’s onshore operations which includes one of the world’s largest gas processing facilities.   The meeting was held in the operations control room operated by ADNOC Gas, which supplies 60 percent of the UAE’s natural gas requirements to support the energy …

ADNOC Approves Sweeping $150 Billion Investment Plan

ADNOC has unveiled a sweeping $150 billion investment plan for 2026–2030, marking one of the largest investment cycles in its history and reinforcing the UAE’s long-term commitment to oil, gas, and industrial expansion. The announcement, approved at the board meeting chaired by Sheikh Mohamed bin Zayed Al Nahyan, coincided with increases in the UAE’s hydrocarbon reserves and marks a further pivot to downstream and international expansion. Over f…

Abu Dhabi's Adnoc Keeps $150 Billion Spending in Growth Push

Abu Dhabi National Oil Co. will maintain spending at $150 billion over the next five years as it targets growth in production capacity at home and expands internati…

UAE President chairs ADNOC board meeting at Habshan Complex

ADNOC’s 5-year business plan, capex of $150 billion for 2026-2030 approved

Adnoc approves capital investments of $150 billion for 2026-2030 period

Abu Dhabi energy company also approves establishment of new company to manage Ghasha concessions

Abu Dhabi's ADNOC Plans $150 Billion in Capital Investments Between 2026-2030 - Energy News, Top Headlines, Commentaries, Features & Events

CAIRO, Nov 24 (Reuters) – Abu Dhabi state oil company ADNOC plans $150 billion of investment between 2026 and 2030, it said on Monday, seeking to maintain existing operations, drive growth and meet global energy demand. During a meeting on Monday, the board of directors welcomed the company’s increased oil reserves at 120 billion stock ...