Core Insights - ADNOC has announced a $150 billion investment plan for 2026–2030, marking a significant commitment to oil, gas, and industrial expansion in the UAE [1][2] - The investment will focus on upstream capacity maintenance, increased natural gas output, and growth in downstream and chemicals [2][4] - ADNOC aims to enhance gas self-sufficiency and position Abu Dhabi as a net LNG exporter later in the decade [4] Investment Strategy - The $150 billion investment will be allocated to various sectors, including upstream, natural gas, and downstream chemicals [2] - ADNOC is developing unconventional resources in Abu Dhabi, estimated at 160 trillion standard cubic feet (tscf) of gas and 22 billion stock tank barrels (stb) of oil [2] Ghasha Concession - A key component of the strategy is the establishment of ADNOC Ghasha, focusing on the Ghasha Concession, which includes several major fields [3] - The Ghasha Concession is projected to produce 1.8 billion standard cubic feet per day (bscfd) of gas and 150,000 barrels per day (bpd) of oil and condensates [3] Economic Impact - ADNOC plans to invest $60 billion into the domestic economy through its In-Country Value (ICV) program from 2026 to 2030 [4] - The ICV initiative has already contributed $83.7 billion to the UAE economy since 2018, supporting job creation and industrial development [4] Localization Efforts - ADNOC has signed $21.8 billion in local manufacturing offtake agreements, aiming to source $24.5 billion in industrial products domestically by 2030 [5] Downstream Growth - The TA'ZIZ chemicals ecosystem in Al Ruwais is advancing, with Phase 1 projects underway, expected to produce 4.7 million tonnes per annum of industrial chemicals [6] - ADNOC's total chemicals output is projected to reach 11 million tonnes per annum by 2028 [6] Technological Ambitions - ADNOC aims to become "the world's most AI-enabled energy company," focusing on the deployment of analytics, robotics, and autonomous operations [7]