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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Interview
Abu Dhabi - July 20, 2017

Eyas Alhomouz, the CEO of Petromal, talks to TOGY about the investment climate, technology in the UAE market and the potential of marginal fields. Abu Dhabi-based…

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Statoil steps on the E&P pedal
NEWS
Norway - July 18, 2017

Statoil received permission from the Norwegian Petroleum Directorate to drill a wildcat and a pilot well in the Carmen prospect in the Norwegian Sea, international…

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Interview
Trinidad and Tobago - July 12, 2017

David Small, independent senator in Trinidad and Tobago’s parliament, talks to TOGY about transparency in the hydrocarbons industry, public accessibility to…

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Iran to unveil 14 oil and gas tenders
NEWS
Iran - July 11, 2017

Iran is preparing 14 tenders for exploration of the country’s oil and gasfields, an official said at the World Petroleum Congress on Monday.

Speaking at the event…

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Add Energy joins the Angelin development
NEWS
Trinidad and Tobago - July 05, 2017

BPTT has awarded a maintenance build contract to Add Energy for works associated with the Angelin development, international media reported on Wednesday.

“As we…

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BP exits Angola block
NEWS
Angola - June 30, 2017

BP has decided to let go of its 50% shareholding in Block 24/11 offshore Angola, the company announced on Friday.

According to BP, the asset was deemed not…

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Interview
Kuwait - June 28, 2017

Jamal Abdul Aziz Jaafar, CEO of Kuwait Oil Company (KOC), talks to TOGY about the impact of OPEC cuts, the importance of international partnerships and opportunities in…

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