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 to open India petrol stations
NEWS
India - October 07, 2016

BP will be grated permission next week to open petrol stations in India, an official from the Ministry of Petroleum and Natural Gas said on Friday.

The Indian…

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Abu Dhabi offshore entities to be combined
NEWS
Abu Dhabi - October 04, 2016

Abu Dhabi’s two offshore oil and gas companies will be restructured and combined under the umbrella of a new entity, Abu Dhabi National Oil Company (Adnoc) said on…

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Articles
Abu Dhabi - September 30, 2016

A survey of professionals working in the oil and gas industry has shown that more than half believe that tackling climate change should be a priority for both…

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Egypt announces exploration deals
NEWS
Egypt - September 26, 2016

Egypt inked three exploration deals with a combined value of close to USD 600 million over the weekend, Egyptian Minister of Petroleum and Mineral Resources Tarek El…

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Indonesia to axe exploration tax
NEWS
Indonesia - September 22, 2016

The Indonesian government will work to remove taxes on oil and gas exploration, Ministry of Energy and Mineral Resources’ director for oil and gas Wiratmaja Puja said…

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Maersk announces split
NEWS
- September 22, 2016

Danish company A.P. Moeller-Maersk on Thursday announced it would be splitting the group’s five core businesses into two units in an effort to counter the effects of…

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Four candidates for BP’s SECCO stake
NEWS
China - September 19, 2016

Four chemical companies are allegedly in the running for acquiring BP’s stake in the Shanghai SECCO petrochemicals joint venture, sources familiar with the matter…

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