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 back to black
NEWS
Multinational - February 07, 2017

BP overturned a 2015 loss of USD 6.5 billion and reported a full-year 2016 headline profit of USD 115 million on Tuesday.

For the fourth quarter of 2016, BP posted…

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Adco concession contracts sweetened
NEWS
Abu Dhabi - February 06, 2017

Abu Dhabi National Oil Company has reportedly worked to improve the term of the contracts governing the Abu Dhabi Company for Onshore Petroleum Operations’ (Adco)…

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Week in review
NEWS
- February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

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Oman’s Khazzan said to start up by Q4
NEWS
Oman - January 30, 2017

The BP-operated Khazzan tight gas project is expected to produce first gas by Q4, Omani officials told local media over the weekend.

Block 61 in central Oman is home…

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Articles
Multinational - January 29, 2017

Sidetrack Sunday, TOGY’s coverage of offbeat oil and gas news, today taps into the fast-paced world of Formula 1 and BP’s return to the world’s premier form of racing.…

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Interview
China - January 26, 2017

TOGY talks to Li Patrik, director of energy, environment, infrastructure at the China-Britain Business Council (CBBC), about the difficulties of the increasingly…

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Interview
Abu Dhabi - January 23, 2017

TOGY talks to Christopher Gunson, partner at Amereller, about the oil and gas industry in the UAE and the surrounding region, other countries with potential, and the…

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BP platform en route to Trinidad location
NEWS
Trinidad and Tobago - January 23, 2017

BP Trinidad and Tobago’s (bpTT) Juniper platform set off for its location off the south-eastern coast of Trinidad over the weekend, bringing the start up of the…

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