Abu Dhabi has signed up a second major to return to its onshore Adco concession, with BP taking 10%. The deal will boost Abu Dhabi’s efforts to crank up onshore output by 140,000 b/d next year. Alongside a deal to spend almost $1bn in Mauritania this highlights BP’s renewed willingness to splash the cash.

BP signed up to a 10% stake in Abu Dhabi’s 1.66mn b/d onshore Adco concession on 17 December. It ends a near two-year hiatus since Total secured a 10% stake in the...