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Abu Dhabi National Oil Company (ADNOC) said on Friday it would acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea off the coast of Baku. The agreement would see Azeri state oil company SOCAR and TotalEnergies each holding a 35% stake in the field. TotalEnergies had announced first gas from Absheron in July. Prior to Friday's agreement, it held a 50% stake alongside SOCAR. ADNOC's investment in Azerbaijan comes as part of a strategic plan to grow its international gas business.