Abu Dhabi National Oil Company (ADNOC) has launched the tendering process for a major engineering, procurement and construction (EPC) package for its onshore Bab Gas Cap development. Estimated at US$8bn, the scope involves building at least two processing trains.
Following the recent award of the concession agreement, ADNOC retains a 60% operating interest in the project. The remaining equity is distributed among international partners. BP holds a 10% stake and acts as the asset lead, working alongside TotalEnergies, CNPC International, INPEX, China ZhenHua Oil and GS Energy.
By targeting three reservoirs situated above existing crude oil deposits, the complex is forecast to deliver up to 1.5bn cubic feet of natural gas per day alongside condensate. These volumes will bolster domestic energy security while providing vital feedstock to support the UAE's broader liquefied natural gas (LNG) export ambitions.
Track more details on the Bab Gas Cap Project directly on EICDataStream.