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 - April 17, 2017

TOGY talks to Emad Elatreby, general manager of Ali & Sons Marine Engineering Factory (ASMEF). Founded in 2009, ASMEF is an Abu Dhabi-based engineering company that…

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Authorities and BP report Alaska spill
NEWS
USA - April 17, 2017

A BP oil well on Alaska’s North Slope is leaking crude oil and natural gas.

A crack in a wellhead near Deadhorse caused a spray of oil and gas to be sent up in the…

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Week in review
NEWS
Multinational - April 15, 2017

Shell and Eni were the talk of the town last week in oil and gas, albeit for the wrong reasons. Their dealings surrounding the acquisition of the OPL 245 Block offshore…

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BP sets Trinidad project in motion
NEWS
Trinidad and Tobago - April 13, 2017

On Thursday, BP Trinidad and Tobago brought the Trinidad Onshore Compression (TROC) project on stream. The initial start-up is only partial, as the development is not…

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CNPC sets up in Dubai
NEWS
- April 11, 2017

China National Petroleum Corporation (CNPC) will set up a new Middle Eastern headquarters in Dubai, state media reported on Tuesday.

The new premises will be located…

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Aramco courts majors for gas ventures
NEWS
Saudi Arabia - April 11, 2017

Saudi Aramco is looking to international oil majors to help tap Saudi Arabia’s gas resources, people familiar with talks to that end said on Tuesday.

Aramco has…

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Interview
Trinidad and Tobago - April 10, 2017

TOGY talks to Adrian Achan, general manager of AdON Group, about the company’s core maintenance activities, diversifying into the lubricants markets and looking to…

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Week in review
NEWS
Multinational - April 08, 2017

Qatar Petroleum’s (QP) decision to lift the self-imposed moratorium on the development of the North Field dominated the oil and gas headlines last week. However, the…

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