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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Marc Courtemanche country president Angola Statoil
Interview
Angola - August 15, 2019

Marc Courtemanche, country president of Equinor Angola, talks to TOGY about the company’s achievements over the past year, its plans for more E&P activity and how…

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Interview
Egypt - July 23, 2019

Hassan Allam, group CEO of Hassan Allam Holding, talks to TOGY about why Egypt is becoming more attractive as an investment destination and opportunities created for…

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Interview
Gabon - July 12, 2019

TOGY talks to Charles Tchen, general manager of Independent Petroleum Consultants (IPC), about what must be done to achieve new discoveries and the advantages of the…

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Interview
Egypt - June 12, 2019

TOGY talks to Ahmed Sherbini, vice-president and local business line manager of ABB for Electrical Industries (ABB Arab), about Egypt’s global competitiveness and…

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Interview
Egypt - June 05, 2019

Marwan Haridy El Shazly, marketing and contracts manager of Pan Marine Group, talks to TOGY about trends in Egypt’s marine petroleum services sector, the challenges…

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SKY INVESTMENTS
Interview
Egypt - June 05, 2019

TOGY talks to Ayman Hussein, chairman of Sky Investments, about how recent economic reforms have affected Egypt’s competitiveness, the private sector’s response to…

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Interview
Egypt - May 02, 2019

Khaled Abu Bakr, executive chairman of TAQA Arabia, talks to TOGY about Egypt’s recent economic adjustments, the development of domestic energy infrastructure and…

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Interview
Angola - April 24, 2019

Eric Smith, general manager of Oceaneering Angola, talks to TOGY about the services the company offers and how it would like to expand, as well as cost issues in the…

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