ABU DHABI - Abu Dhabi National Oil Company (ADNOC) said it had signed 40-year agreements with China National Petroleum Corporation  granting its subsidiary PetroChina a 10 percent stake in the Umm Shaif and Nasr concession and a 10 percent stake in the Lower Zakum concession.

PetroChina contributed a participation fee of 2.1 billion dirhams ($575 million) for the Umm Shaif and Nasr concession and a fee of 2.2 billion dirhams ($600 million) for the Lower Zakum concession, ADNOC said in a statement on Wednesday.

(Reporting By Stanley Carvalho, editing by Ghaida Ghantous and Susan Fenton) ((stanley.carvalho@thomsonreuters.com; + 9712 6444431; Reuters Messaging: stanley.carvalho.thomsonreuters.com@reuters.net))