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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Miguel JACINTO CEO QUEROIL
Interview
Angola - February 01, 2021

Miguel Jacinto, CEO of Queroil, talks to The Energy Year about the impact of Sonangol’s divestment programme, how Angola’s promotion of local content has opened…

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Positioning Angola as a bunkering hub TEY_post_Mauro_Carvalho
Interview
Angola - January 28, 2021

Mauro Carvalho, managing partner of FAMAR, talks to The Energy Year about the company’s strategic approach to bunkering and fuel management and the latest on its…

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Indonesia Badak LNG
Articles
Indonesia - December 02, 2020

Indonesia’s archipelagic nature has pushed it to develop local LNG production and distribution. The government is betting on both large- and small-scale facilities…

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Fabrication and maintenance for Angola’s development Frederic HEINTZ
Interview
Angola - November 26, 2020

Frederic Heintz, deputy general manager of Petromar, talks to The Energy Year about how the company is enhancing efficiency during the Covid-19 pandemic and the…

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BP starts up Egypt gasfield
NEWS
Egypt - October 26, 2020

BP has launched production at the shallow-water Qattameya gasfield offshore Egypt, the company announced on Monday.

The field, located in the North Damietta licence,…

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BP starts up Ghazeer gasfield in Oman
NEWS
Oman - October 12, 2020

BP Oman has launched production at its Ghazeer gasfield development months ahead of its scheduled 2021 start date, the company announced on Monday.

The Ghazeer…

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Conrad ENILL Chairman NGC GROUP OF COMPANIES
Interview
Trinidad and Tobago - October 05, 2020

Conrad Enill, chairman of the NGC Group of Companies, talks to The Energy Year about NGC’s role as an aggregator, opportunities arising for the company in Africa and…

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