Eni's Latest Filing Doesn't Confirm Reported $6.2 Billion Umm Shaif Gas Cap Decision

The Wall Street Journal reported ADNOC and partners would proceed with a $6.2 billion gas cap development at the Umm Shaif field, naming TotalEnergies and CNPC as partners. But Eni's 2025 Form 20-F (published March 23, 2026) does not confirm the decision, the capital figure, or those partners — despite Eni's 10% interest in the Umm Shaif and Nasr concession.