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
Interview
Oman - May 12, 2016

Musallam Al Mandhari, CEO of the Oman Society for Petroleum Services (Opal), sat
down with TOGY to discuss the organisation’s changing focus in 2016. He says Opal…

READ MORE
Shell casts doubt on Abadi LNG
NEWS
Indonesia - May 05, 2016

Speaking to reporters on Thursday, Shell chief financial officer Simon Henry cast doubt on the economics and thus the feasibility of building Indonesia’s Abadi LNG…

READ MORE
Shah Deniz consortium awards subsea deal
NEWS
Azerbaijan - May 03, 2016

BP and its Shah Deniz partners have awarded a Saipem-led consortium a USD 1.5-billion subsea production contract, the group announced on Tuesday. Valued at USD 1.3…

READ MORE
Samsung swallows contract cancellation
NEWS
Australia - April 29, 2016

Samsung Heavy Industries on Friday confirmed the cancellation of an engineering, procurement, construction and installation contract for three floating LNG…

READ MORE
BP announces first quarter results
NEWS
- April 26, 2016

BP kicked off the first round of quarterly results announcements for this year on Tuesday, reporting a pre-tax loss of USD 583 million over the first three months of…

READ MORE
Hisham EL GRAWANY Vice-President, Egypt Market Manager, Middle East and Africa (MEA), Energy Systems DNV
Interview
Egypt - April 15, 2016

Hisham El Grawany, the area manager of North Africa at DNV GL, sat down with TOGY to discuss the company’s role in some of Egypt’s mega-projects as well as…

READ MORE
Saipem bags TAP deal
NEWS
Azerbaijan - April 14, 2016

Italy’s Saipem announced the award of an engineering, procurement, construction and installation (EPCI) contract for the Trans Adriatic Pipeline on project on…

READ MORE
Final approval for BP settlement
NEWS
USA - April 05, 2016

A New Orleans federal judge granted final approval late on Monday to an arrangement that will see the US upstream unit of BP settle all federal and state claims arising…

READ MORE
BP, CNPC venture into Chinese shale
NEWS
China - April 01, 2016

BP and China National Petroleum Corporation (CNPC) have teamed up for an unconventional gas project in China, the two companies announced on Thursday upon the signing…

READ MORE