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
Kuwait - May 26, 2017

Abdulla Al Sumaiti, deputy CEO for South and East Kuwait at Kuwait Oil Company (KOC), talks to TOGY about the upcoming projects that will support Kuwait’s oil…

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Interview
Mexico - May 25, 2017

Alfredo Alvarez, EY energy segment leader for Mexico and Central America, talks to TOGY about the evolution of the domestic natural gas market and power generation…

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Statoil gets green light for Gina Krog
NEWS
Multinational - May 24, 2017

Production operations at Statoil’s Gina Krog field received approval by the Norwegian Petroleum Directorate today.

Located 30 kilometres northwest of the Sliepner…

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BP marks first oil from Quad 204
NEWS
UK - May 22, 2017

BP on Monday announced the completion of the redevelopment of the Schiehallion and Loyal fields, thereby extending the life of the offshore UK assets to at least…

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Interview
Abu Dhabi - May 16, 2017

Hatem Nuseibeh, president of Total Abu Dhabi, talks to TOGY about the ABK concession and development opportunities in Abu Dhabi. French super-major Total has been…

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Week in review
NEWS
Multinational - May 13, 2017

The spotlight last week was firmly on the African continent, where there was a lot off movement offshore Senegal and Mauritania, as well as in Nigeria. Having restored…

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Total snaps up Mauritania block
NEWS
Multinational - May 12, 2017

Total has gained a 90% stake in the C7 block offshore Mauritania, the French major said on Friday. It will be working alongside state-owned SMHPM, which maintains 10%…

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BP begins West Nile Delta production
NEWS
Egypt - May 10, 2017

BP on Wednesday said it had commenced gas production at the offshore Taurus and Libra fields eight months ahead of schedule.

The two Egyptian fields, part of the…

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