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.
Read The Full Interview

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.

READ MORE
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…

READ MORE
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.

READ MORE
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.

READ MORE
BP debuts medium-term strategy
NEWS
Multinational - February 28, 2017

BP on Tuesday unveiled its plans for the next five years, which centres on the ramp-up of high-margin upstream projects and continued emphasis on downstream…

READ MORE
Interview
Malaysia - February 27, 2017

TOGY talks to Julianna Kamaruddin, general manager of NGC Energy, about potential changes to regulations that will affect the LPG market in Malaysia and the company’s…

READ MORE
Remaining Adco share also in Chinese hands
NEWS
Abu Dhabi - February 20, 2017

Abu Dhabi National Oil Company on Monday awarded the remaining 4% share in the emirate’s onshore concession area, operated by Abu Dhabi Company for Onshore Petroleum…

READ MORE
Total ups Dalia output
NEWS
Angola - February 20, 2017

Dalia phase 2A came on line in the third week of January, adding 30,000 bopd to the block’s production, Sonangol announced on Friday.

The project connected four…

READ MORE
CNPC joins Adco concession partners
NEWS
Abu Dhabi - February 20, 2017

China National Petroleum Corporation (CNPC) on Sunday closed a deal with Abu Dhabi National Oil Company (ADNOC) for a stake in the emirate’s onshore…

READ MORE
BP to drill Ironbark prospect by 2019
NEWS
Australia - February 16, 2017

BP plans to drill a gas prospect off the North West Shelf within the next two years, a senior BP executive said yesterday.

The company acquired an 80% operatorship…

READ MORE
Wood Group bags global BP offer
NEWS
UK - February 15, 2017

Wood Group has signed an agreement with BP for conceptual engineering, pre-FEED and FEED services for its operations worldwide.

The contract is for three years, with…

READ MORE
Iraq oil output set to decline in March
NEWS
Iraq - February 14, 2017

Iraq, OPEC’s second-biggest supplier, is set to see oil output decline significantly in March, international media reported on Monday. It is unclear whether this is…

READ MORE
Week in review
NEWS
Abu Dhabi - February 10, 2017

TOGY’s coverage of the global oil and gas industry was highlighted by the response to new sanctions on Iran imposed by the Trump administration, recent discoveries…

READ MORE