Abu Dhabi awards gas concession to ADNOC-led consortium

ABU DHABI, June 25, 2026 – Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA) has awarded a development and production concession to an ADNOC-led consortium for the gas cap resources of the Bab onshore field, Abu Dhabi’s media office announced on Wednesday.

ADNOC will hold a 60% participating interest in the concession alongside TotalEnergies EP Holdings UAE (10%), BP Abu Dhabi (10%), CNPC International (8%), JODCO Onshore (5%), China ZhenHua Oil (4%) and Korea GS E&P (3%).

Touted as the largest gas development of its kind in the world, the Bab gas cap project is expected to have a production capacity of approximately 42.5 mcm (1.5 bcf) per day of natural gas, equivalent to around 15% of ADNOC Gas’s total operational gas processing capacity.

The UAE has been pursuing an expansion of its gas production capacity to attain gas self-sufficiency, strengthen the country’s petrochemicals sector and advance ADNOC’s LNG export plans.

SCFEA oversees Abu Dhabi’s policies on finance, investment and natural resources, monitoring implementation and alignment with the UAE’s strategic objectives. It also supervises the performance of ADNOC and other oil and gas companies operating in the UAE.

Photo courtesy of ADNOC

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