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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BP awards T&T FEED contract to Fluor
NEWS
Trinidad and Tobago - March 24, 2017

According to reports that surfaced on Friday, BP Trinidad and Tobago has awarded a FEED contract for a gas processing and compression unit for the Cassia offshore field…

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BP hands out Mad Dog contracts
NEWS
USA - March 21, 2017

BP has awarded contracts for subsea work on its Mad Dog 2 project in the US Gulf of Mexico, according to statements released by winners Subsea 7 and OneSubsea on…

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BP appoints new E&P executives
NEWS
Multinational - March 16, 2017

BP has appointed new heads of production and drilling, international media reported on Thursday.

The former chief of BP Azerbaijan, Gordon Birrell, will be the new…

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Wood Group bags Mad Dog 2 contracts
NEWS
USA - March 14, 2017

Wood Group confirmed it had been awarded two contracts by Samsung Heavy Industries for engineering and services on the Mad Dog 2 project on Tuesday.

Work on the…

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Articles
USA - March 10, 2017

Last week, a new type of foam called Oleo Sponge made global headlines. Because of a novel surface chemistry, the foam has proven very effective in absorbing oil from…

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Marc Courtemanche country president Angola Statoil
Interview
Angola - March 10, 2017

TOGY talks to Marc Courtemanche, the president of Statoil in Angola, about the company’s recent developments in the country and the company’s short- and long-term…

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