French energy major TotalEnergies has signed an agreement to acquire a 10% interest in the Bab Gas Cap Concession in Abu Dhabi, strengthening its long-standing partnership with the Abu Dhabi National Oil Company (ADNOC) as the UAE accelerates development of its natural gas resources. <\/p>\n
The concession<\/a> will be operated by ADNOC Onshore, which holds a 60% stake, alongside partners bp (10%), CNPC (8%), JODCO\/INPEX (5%), ZhenHua (4%), and GS Energy (3%). The project is designed to develop the extensive gas cap resources above the Bab onshore oil field and is targeting production of 1.5 billion cubic feet of gas per day. <\/p>\n The development builds on the 40-year renewal of Abu Dhabi’s onshore oil concession in 2015, when international partners, including TotalEnergies, secured continued participation in one of the emirate’s largest producing assets. Since then, the companies have advanced plans to commercialize the Bab field’s gas resources, which also contain valuable condensates. <\/p>\n The project supports Abu Dhabi’s strategy to expand domestic gas production, increase condensate output, and strengthen its growing liquefied natural gas (LNG) business. Additional gas supplies are expected to feed the UAE’s expanding LNG value chain, including the Ruwais LNG project, where TotalEnergies also owns a 10% stake following its investment in 2024. <\/p>\n “The Bab Gas Cap project is well in line with TotalEnergies’ Upstream strategy by adding low-cost, low-emissions resources with significant potential for production growth,” Chairman and CEO Patrick Pouyann\u00e9 said. <\/p>\n The UAE remains one of TotalEnergies’ most important producing regions. The company has operated in the country for 87 years and says it is the largest foreign energy company active across the UAE’s energy value chain. In 2025, its interests in the country contributed approximately 393,000 barrels of oil equivalent per day to its global production. <\/p>\n Beyond upstream operations, TotalEnergies holds a 5% interest in ADNOC LNG, which processes associated gas into LNG, LPG, and condensates, while also expanding its presence in renewable energy and lubricants manufacturing in the UAE. <\/p>\n By Charles Kennedy for Oilprice.com <\/p>\n More Top Reads From Oilprice.com <\/p>\n Oilprice Intelligence<\/a> brings you the signals before they become front-page news. This is the same expert analysis read by veteran traders and political advisors. Get it free, twice a week, and you’ll always know why the market is moving before everyone else. <\/p>\n You get the geopolitical intelligence, the hidden inventory data, and the market whispers that move billions – and we’ll send you $389 in premium energy intelligence, on us, just for subscribing. Join 400,000+ readers today. Get access immediately by clicking here.<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"French energy major TotalEnergies has signed an agreement to acquire a 10% interest in the Bab Gas Cap…\n","protected":false},"author":2,"featured_media":40998,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12699],"tags":[24118,28177,28178,5726,2089],"class_list":["post-40997","post","type-post","status-publish","format-standard","has-post-thumbnail","category-totalenergies","tag-abu-dhabi","tag-abu-dhabi-national-oil-company","tag-bab-gas-cap-concession","tag-totalenergies","tag-uae"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/40997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=40997"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/40997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/40998"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=40997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=40997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=40997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}