Abu Dhabi state energy firm Adnoc sees its Ruwais-Diyab unconventional gas concession as a key pillar of the UAE’s efforts to achieve gas self sufficiency by 2030. The concession (Adnoc 90%, TotalEnergies 10%) is slated to produce 1bn cfd by 2030.
TotalEnergies was awarded its stake in the project in November 2018, but in 2023 cut its position from 40% to the current 10%, with Adnoc taking over as operator (MEES, 19 April 2024). Total CEO Patrick Pouyanné tells MEES that the concession has recently started producing. Speaking on the sidelines of the International Energy Week conference in London on 25 February he says that “production is… about 100mn cfd currently.” (CONTINUED - 539 WORDS)
