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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Joao Pereira
Interview
Angola - June 09, 2020

João Pereira, general manager of Supermaritime Angola, talks to The Energy Year about how Angola’s maritime sector has been affected by the Covid-19 crisis and the…

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Interview
Mozambique - May 08, 2020

Leonor Assunção, founder partner and administrator at InSite, talks to The Energy Year about prospects for SMEs given the dual shock of the oil price drop and the…

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Ahmed Al Daraai Oman Santco
Interview
Oman - March 06, 2020

Ahmed Al Daraai, executive director of SANTCO, talks to TOGY about challenges facing Oman’s services sector, what the coming rise in activity means for local services…

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Interview
Indonesia - February 18, 2020

Winfried Wicklein, country director for Indonesia at the Asian Development Bank (ADB), talks to TOGY about how Indonesia’s LNG and upstream opportunities can be made…

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Interview
Indonesia - February 04, 2020

Dhira Nandana, president-director and CEO of Tripatra Engineers and Constructors, talks to TOGY about difficulties in carrying out EPC projects in Indonesia and the…

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AL THARWA AL MUTTAHIDA GENERAL TRADING & CONTRACTING
Interview
Kuwait - December 31, 2019

Assaf Al Salem, managing director of Al Tharwa Al Muttahida General Trading & Contracting, talks to TOGY about demand for automated rigs and how the government is…

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Sapesco Egypt Said Riad
Interview
Egypt - September 24, 2019

Said Riad, CEO of SAPESCO – SAHARA Petroleum Services, talks to TOGY about the upstream potential in Egypt, how the private sector is responding to recent framework…

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