TotalEnergies expands UAE upstream gas portfolio
SEATTLE (Oil Monster): TotalEnergies has acquired a 10% interest in the Bab Gas Cap Concession in Abu Dhabi, strengthening its position in one of the United Arab Emirates' largest upstream gas developments and reinforcing its decades-long partnership with ADNOC.
The concession is structured with ADNOC holding a 60% operating interest through ADNOC Onshore, while TotalEnergies joins a consortium comprising bp (10%), China National Petroleum Corporation (8%), JODCO/INPEX (5%), ZhenHua Oil (4%) and GS Energy (3%).
Bab Gas Cap project targets 1.5 billion cubic feet per day
Operated by ADNOC Onshore, the Bab Gas Cap Concession will develop the substantial gas cap resources of the Bab onshore field, targeting production of 1.5 billion cubic feet of natural gas per day.
The development builds on the 40-year renewal of Abu Dhabi's onshore oil concession in 2015, formerly known as ADCO. Since then, TotalEnergies, ADNOC and the project's partners have worked together to advance the Bab Gas Cap development, which has emerged as a key growth opportunity for the consortium.
The project supports Abu Dhabi's strategy to increase both condensate and natural gas production while strengthening the emirate's liquefied natural gas (LNG) value chain. It also complements the Ruwais LNG project, where TotalEnergies also holds a 10% stake.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, said: "I would like to thank the Supreme Council for Financial and Economic Affairs of Abu Dhabi for its continued trust. In the current context, this entry in a new concession underlines TotalEnergies' commitment to stand alongside ADNOC, our historic partner in Abu Dhabi, and to keep contributing to the development of the United Arab Emirates' significant hydrocarbon resources. 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."
TotalEnergies deepens UAE energy portfolio
TotalEnergies has operated in the United Arab Emirates for 87 years and is the country's largest foreign energy company, with activities spanning the entire energy value chain.
Through its partnership with ADNOC, the company holds interests in nearly all major upstream concessions in the UAE and contributed approximately 393,000 barrels of oil equivalent per day to its hydrocarbon production in 2025.
Beyond upstream operations, TotalEnergies owns a 5% stake in ADNOC LNG, which processes associated gas from ADNOC Offshore into LNG, LPG and condensates. The company further expanded its LNG footprint in July 2024 by acquiring a 10% interest in the Ruwais LNG project, which includes a new liquefaction facility featuring two electric trains with a combined capacity of 9.6 million tonnes per year.
The company is also expanding its renewable energy activities in the UAE through distributed solar generation projects and operates a lubricants blending plant serving customers across the Middle East.
Courtesy: www.africabusinesscommunities.com