Salem bin ASHOOR

Chief Representative and General Manager, UAE

BP

The aim is to diversify away from traditional fossil fuel production faster than any of our peers while significantly scaling up our low-carbon energy investments.
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BP In Figures

2022 revenue: USD 248.9 billion

2022 EBITDA: USD 60.7 billion

BP is a multinational oil and gas company headquartered in London. It is among the oil and gas supermajors and one of the world’s largest companies by revenue. The company is listed on the London Stock Exchange and the New York Stock Exchange with the ticker BP.

BP participates in all segments of the oil and gas sector, including exploration, extraction, refining, distribution and marketing. It is also involved in power generation and various forms of trading. The company divides its activity into three business groups:

  • Gas and low-carbon energy, which includes the integrated gas and LNG businesses, onshore and offshore wind, hydrogen and CCS, gas and power trading, marketing of renewable and non-renewable power, and BP’s 50% stake in Lightsource
  • Production and operations, including exploration, development of hydrocarbons resources, operation of oil and gas assets, and operation of refineries, terminals and pipelines
  • Customers and products is BP’s largest business by revenue. It includes retail fuel operations, EV charging stations, Castrol-brand lubricants, aviation fuel, B2B and midstream, refining and oil trading, and bioenergy

As of 2022, the company’s upstream production was around 2.3 million bopd, and it had 2.2 GW of installed renewable capacity. The company has about 20,650 retail sites in 70 countries around the world, and 22,000 EV charging stations.

BP News and Interviews

Abu Dhabi’s ADNOC inks LNG supply deal with Indian Oil
NEWS
UAE - September 09, 2024

Abu Dhabi's ADNOC has signed a 15-year LNG deal for the supply of 1 million tonnes per year to Indian Oil.

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KBR wins engineering contract for Brazilian FPSOs
NEWS
Brazil - September 09, 2024

KBR has won engineering contracts from Seatrium for the topsides facilities of two new FPSOs to be deployed by Petrobras in…

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Equinor cancels wind projects in Spain, Vietnam, Portugal
NEWS
Multinational - September 05, 2024

Equinor has cancelled offshore wind projects in Spain and Portugal and exited Vietnam's offshore wind market.

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Perenco picks up four BP gasfields in Trinidad
NEWS
Trinidad and Tobago - September 04, 2024

BP has divested four offshore gasfields in Trinidad and Tobago to French independent Perenco.

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Egypt’s upstream future Dragon Oil Ali RASHID AL JARWAN
Interview
Egypt - February 08, 2022

Ali Rashid Al Jarwan, CEO of Dragon Oil, talks to The Energy Year about the company’s activities and the future of the upstream sector in Egypt. Dragon Oil is an…

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Cheirons investment programme in Egypt David-THOMAS
Interview
Egypt - February 02, 2022

David Thomas, CEO of Cheiron, talks to The Energy Year about the key role of independent E&P companies in Egypt and Cheiron’s plans for developing its assets. Cheiron…

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Chevron halts sale of Australian LNG asset
NEWS
Australia - February 01, 2022

Chevron has decided to end the sale of its shares in the North West Shelf LNG project in Western Australia, the super-major announced in its Q4 earnings call with…

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Interview
Egypt - January 26, 2022

Egyptian Minister of Petroleum and Mineral Resources H.E. Eng. Tarek El Molla talks to The Energy Year about the latest achievements of the ministry’s Modernization…

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Egypt bid round winners talk strategy
NEWS
Egypt - January 17, 2022

Results were announced last week in Egypt’s latest licensing round, with stakes awarded to Eni, bp, Apex International, Energean Egypt, INA Nafta, Enap Sipetrol and…

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