BP, together with ADNOC and partners, have signed a concession agreement to develop the Bab Gas Cap project in Abu Dhabi (United Arab Emirates), which is expected to produce up to 1.5 bcf/d (15.5 bcm/year) of gas (BP press release, 24/06/2026).
With this agreement, BP holds a 10% interest in the Bab Gas Cap concession and serves as asset lead, together with ADNOC (60%), TotalEnergies (10%), CNPC (8%), INPEX (5%), ZhenHua Oil (4%) and GS Energy (3%).
The Bab Cap Gas concession is expected to support UAE gas self-sufficiency and domestic feedstock production as well as ADNOC’s liquefied natural gas (LNG) export expansion plans.