ABU DHABI NATIONAL Oil Company (ADNOC) expects to save 30 per cent on the cost of developing its major oil and gas projects because of lower construction costs. In the keynote address at the Energy Exchange’s Gas Arabia conference in Abu Dhabi recently, Ismail al Ramahi, the manager of ADNOC’s gas process division, said the company would press ahead with energy development during the global economic downturn, but at much lower cost than it previously expected.“