Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA) has awarded the concession for the development and production of the Bab Gas Cap project to ADNOC and a group of international energy partners.
ADNOC will hold a 60 per cent stake in the project, with the remaining shares held by companies including TotalEnergies EP Holdings UAE B.V. (10%), BP Abu Dhabi (10%), CNPC International (Hong Kong SAR) (8%), JODCO Onshore (5%), China ZhenHua Oil (Hong Kong SAR) (4%) and Korea GS E&P Pte. (3%).
The Bab Gas Cap is the world's largest gas cap development project of its kind, reinforcing the UAE's role as a reliable energy supplier.
It's expected to have a production capacity of around 1.5 billion standard cubic feet per day (BSCFD) of natural gas, representing approximately 15% of ADNOC Gas' total operational gas processing capacity.
The SCFEA says the development reflects Abu Dhabi's commitment to maximising the value of its natural resources while supporting long-term economic growth.
The Supreme Council for Financial and Economic Affairs has awarded a concession agreement to @ADNOCGroup and its international partners to develop and produce the Bab Gas Cap, the largest project of its kind in the world, which will support the UAE’s natural gas self-sufficiency. pic.twitter.com/uGcQJ3IF9r
— مكتب أبوظبي الإعلامي (@ADMediaOffice) June 24, 2026

Volkswagen CEO faces angry workers in push for radical cuts
Parkin and Bahrain's Amakin team up on smarter parking solutions
Trump threatens 50% tariffs on all cars and trucks from Canada
Over 7,000 new Indian companies join Dubai Chamber of Commerce
Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
