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France’s TotalEnergies acquires 10% stake in Abu Dhabi's Bab Gas Cap

France’s TotalEnergies acquires 10% stake in Abu Dhabi's Bab Gas Cap



France’s TotalEnergies acquires 10% stake in Abu Dhabi's Bab Gas Cap
TotalEnergies has secured a 10 per cent interest in Abu Dhabi’s Bab Gas Cap Concession alongside ADNOC and other partners.
Operated by ADNOC Onshore, the project targets gas production of 1.5 billion cubic feet per day.
The investment strengthens TotalEnergies’ UAE presence and supports Abu Dhabi’s strategy to expand gas, condensate and LNG production.



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