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
Colombia - May 08, 2017

TOGY talks to Ian Gollop, CEO of PetroSantander Colombia, about developing Colombia’s brownfield projects to maximise the energy industry’s contribution to…

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BP strikes off Senegal
NEWS
Senegal - May 08, 2017

BP on Monday said it had made a “major” gas find on the Cayar Offshore Profond block offshore Senegal.

The find was made in the Yakaar-1 exploration well,…

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Interview
Trinidad and Tobago - May 04, 2017

TOGY talks to Norman Christie, regional president of BP Trinidad and Tobago (BPTT), about ongoing and slated activities, the importance of developing competitive local…

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Interview
Mexico - May 02, 2017

TOGY talks to Guillermo Ignacio García Alcocer, chairman of the Energy Regulatory Commission (CRE), about the process of opening various markets. The CRE regulates,…

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BP increases output, profit
NEWS
Multinational - May 02, 2017

BP announced an underlying replacement cost profit of USD 1.51 billion for the first quarter of 2017 on Tuesday, an increase of 978 million over the same period last…

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BP makes Gulf of Mexico find
NEWS
USA - April 28, 2017

New seismic imaging technology has led BP to discover additional resources in the Gulf of Mexico, the company announced on Thursday.

An innovation that allows BP to…

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BP sells SECCO stake to Sinopec
NEWS
China - April 27, 2017

BP plans to sell its stake of 50% in the Shanghai SECCO Petrochemical Company (SECCO) to Sinopec’s subsidiary Gaoqiao Petrochemical Corporation for USD 1.68 billion,…

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Tony Hayward to retire from Genel
NEWS
Kurdistan Region of Iraq - April 24, 2017

Tony Hayward will step down as chairman of Genel Energy on June 6, the London-based operator of Kurdistan Region assets announced on Monday.

A successor has already…

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PMC contractors prepare Khazzan bids
NEWS
Oman - April 18, 2017

Five shortlisted international contractors are preparing to submit bids for the Khazzan phase two project management contract later this month, media reported on…

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