Abu Dhabi National Oil Company Selects Royal Dutch Shell PLC To Develop Bab Sour Gas Project In Abu Dhabi
Royal Dutch Shell PLC announced that it has been chosen by the Abu Dhabi National Oil Company (ADNOC) to participate in a 30-year joint venture (JV) to develop the Bab sour gas reservoirs in the Emirate of Abu Dhabi. The Company will hold a 40% equity stake in the JV, with ADNOC holding 60%. The two companies will enter a period of commercial and technical work leading to the development of the Bab sour gas reservoirs, which are 150 kilometers south-west of the city of Abu Dhabi. It is intended that the JV will be the operator, and that the gas will supply the local market in the United Arab Emirates.
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