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BP and TotalEnergies Secure Stakes in Abu Dhabi’s Bab Gas Cap Project

Abu Dhabi’s national oil company, ADNOC, has finalized deals bringing BP and TotalEnergies into the development of the Bab Gas Cap project, with each global supermajor acquiring a 10% interest in the massive venture to bolster regional gas production and support the UAE’s long-term energy self-sufficiency goals.

BP and TotalEnergies Secure Stakes in Abu Dhabi’s Bab Gas Cap Project

The Bab Gas Cap project represents the largest development of its kind globally, drawing from three distinct reservoirs within the Bab Field, one of the emirate's primary onshore oil assets. The facility is engineered to produce up to 1.5 billion cubic feet of gas per day, alongside significant condensate yields. Patrick Pouyanné, chairman and CEO of TotalEnergies, noted that the investment aligns with the company’s upstream strategy by integrating low-cost, low-emissions resources into its portfolio.

ADNOC Onshore will continue to operate the concession, maintaining a 60% controlling stake. The remaining interest is distributed among a diverse international consortium, including China’s CNPC at 8%, Japan’s JODCO/INPEX at 5%, China’s ZhenHua at 4%, and South Korea’s GS Energy at 3%. This expansion serves as a critical component of the UAE’s broader strategy to secure domestic feedstock while scaling up liquefied natural gas export capabilities. The move follows recent progress on the SARB Deep Gas Development, reinforcing a push toward integrated gas extraction across both onshore and offshore fields.

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