bp takes 10% stake in ADNOC-led Bab Gas Cap concession
- bp holds a 10% interest in the Bab Gas Cap concession.
- The concession is expected to produce up to 1.5 billion cubic feet per day (bcfd) of gas.
- Partners are ADNOC (60%), bp (10%), TotalEnergies (10%), CNPC (8%), INPEX (5%), ZhenHua Oil (4%) and GS Energy (3%).
- The project is the largest gas cap development globally, using three Bab Field reservoirs to co-produce gas and condensate and to support UAE gas self-sufficiency and LNG export expansion.
Concession and stake
bp, together with ADNOC and partners, has signed a concession agreement to develop the Bab Gas Cap project in Abu Dhabi, and bp holds a 10% interest in the concession.
Scale and production
The Bab Gas Cap project, described as the largest gas cap development globally, comprises three reservoirs in the Bab Field and is expected to produce up to 1.5 billion cubic feet per day of gas with co-production of condensate.
Partners and role
ADNOC is the majority partner with a 60% stake; other partners are TotalEnergies (10%), CNPC (8%), INPEX (5%), ZhenHua Oil (4%) and GS Energy (3%). bp serves as asset lead for the Bab Oil Field.
Strategic context
The Bab Gas Cap concession is positioned to support UAE gas self-sufficiency and ADNOC's LNG export expansion. bp said the project continues its recent resource-access activity in 2025 and noted its long-standing presence in Abu Dhabi, including existing interests in ADNOC Onshore, ADNOC LNG, the National Gas Shipping Company (NGSCO) and Ruwais LNG development.
Source: bp
