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
Darryl Willis
Interview
Angola - December 16, 2015

BP Angola regional president Darryl Willis explains the importance of smaller fields as well as turning towards natural gas production at a time of low oil prices. To…

READ MORE
Ecopetrol slashes capital expenditure
NEWS
Colombia - December 14, 2015

Colombia’s state-run oil company Ecopetrol announced a 60% cut in its 2016 capital expenditure on Monday as the oil price shows no sign of a quick recovery.

The…

READ MORE
Rudolf Bahri
Interview
Iraq - December 14, 2015

Rudolf Bahri, Iraq business development manager of Aldelia in Dubai, talks to TOGY about the new opportunities in Iraq for human resources companies. He also touches on…

READ MORE
BP re-boots Chirag platform in Azerbaijan
NEWS
Azerbaijan - December 11, 2015

BP resumed operations on Thursday at the Chirag platform located in the Azeri-Chirag-Guneshli development, the oil super-major said in an emailed statement.

BP shut…

READ MORE
Woodside approves 2-billion gas project
NEWS
Australia - December 11, 2015

Australian oil and gas company Woodside Energy has approved a $2-billion gas development project in the country’s North West Shelf amid the downturn in hydrocarbons…

READ MORE
BP increases stake in Egypt gas project
NEWS
Egypt - December 09, 2015

BP increased its working interest in the $12-billion West Nile Delta gas project in Egypt.

The supermajor bought a 22.75% share in the North Alexandria Concession…

READ MORE
Egypt signs two exploration agreements
NEWS
Egypt - December 09, 2015

Egypt’s Ministry of Petroleum and Mineral Wealth signed two agreements for oil and gas exploration in the Gulf of Suez region and the Western Desert on Monday with an…

READ MORE
India to put 46 blocks on auction
NEWS
India - December 08, 2015

The National Democratic Alliance Government of India is preparing to auction 46 oil and gas blocks in 13 prospective sedimentary basins across the country, according to…

READ MORE