CNPC and ADNOC expand energy partnership for Umm Shaif Gas Cap
What happened
China National Petroleum Company and ADNOC are expanding their partnership beyond investment and production to include shared technical capability and operational collaboration. CNPC is a partner in the development of the Umm Shaif Gas Cap, which is expected to unlock over 600 million cubic feet of gas per day by 2030. CNPC also joined ADNOC in the Bab Gas Cap concession, which is expected to produce 1.5 billion cubic feet of gas per day.
From thenationalnews.com
Why it matters
The partnership between the UAE and China is growing beyond trade and investment into technology and expertise. This collaboration illustrates the deepening of the strategic energy relationship between the UAE and China.
The UAE strengthened its strategic partnership with China during its participation in the Beijing Book Fair.
From thenationalnews.com
Who's involved
Who could feel it
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The entities involved
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UAE
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Related events
- Chinese companies are seeking Gulf manufacturing partners, leading to Rox Motor starting production in Abu Dhabi and LinkerBot exploring UAE partnerships.
- TotalEnergies is partnering in the Umm Shaif Gas Cap development located in Abu Dhabi.
- UAE and Lawrence Wong strengthened their bilateral cooperation and partnership.