British Petroleum (bp) has signed a concession agreement with Abu Dhabi National Oil Company (ADNOC) and other partners to develop the Bab Gas Cap project in the United Arab Emirates (UAE), in which it will hold a 10% interest.

The project comprises three reservoirs in the onshore Bab Field, where bp will serve as the asset lead for the field. It is expected to produce up to 1.5 billion cubic feet of natural gas per day (bcf/d), according to bp’s statement.

bp said the project would support the UAE’s gas supply and feedstock requirements, in addition to ADNOC’s plans to expand liquefied natural gas (LNG) exports.

Notably, TotalEnergies acquired on June 24 a 10% interest in the Bab Gas Cap Concession in Abu Dhabi.

ADNOC will hold a 60% stake, while the remaining interest will be shared among partners, including bp, France’s TotalEnergies, China’s CNPC International (8%), Japan’s INPEX (5%), China’s ZhenHua Oil (4%), and South Korean GS Energy (3%).