The Abu Dhabi Supreme Petroleum Council (SPC) has approved 448 billion dirhams ($122 billion) in capital expenditure for national oil and gas company and LNG exporter Abu Dhabi National Oil Co. (Adnoc) through 2025 as it also pursues growing joint ventures, especially in unconventional natural gas to make the United Arab Emirates self sufficient.

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KBR, the US engineering and LNG contractor, was awarded a major project management consultancy services contract for the Ghasha portfolio of gas projects by Abu Dhabi National Oil Company in the United Arab Emirates, the oldest LNG producer in the Middle East.

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Wintershall, the German oil and gas major, has purchased a 10 percent stake in the Ghasha natural gas mega-project in Abu Dhabi in the United Arab Emirates, boosting the future merger between Wintershall and Deutsche Erdoel AG (DEA) set for 2019.

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French energy major Total has been awarded a 40 percent concession by the Abu Dhabi National Oil Company, owner of the Das Island LNG export plant and other assets, in the Ruwais Diyab unconventional gas basin which Total says has the potential to be a high impact play ranking alongside the most prolific North American shale-gas plays.

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