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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Wood Group awarded subsea work
NEWS
UK - October 29, 2015

Wood Group has been awarded a global subsea contract by BP, the UK-listed subsea services provider announced on Thursday. The financial details of the contract have yet…

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Top executives agree on climate change
NEWS
October 19, 2015

Executives from 10 top oil and gas companies pledged their support for an initiative to limit greenhouse gases Friday, ahead of the UN summit on climate change in…

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E.ON to sell North Sea assets to DEA
NEWS
Norway - October 14, 2015

E.ON has signed a deal to sell its upstream business in the Norwegian North Sea to DEA Deutsche Erdoel for $1.6 billion.

The assets include interests in 43…

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Subsea 7 wins Nile Delta contract
NEWS
Egypt - October 14, 2015

Subsea 7 has been awarded a contract of up to $150 million for work on the East Nile Delta Phase 3 Project.

The international offshore energy services company won…

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Petrofac wins Iraq training contract
NEWS
Iraq - October 13, 2015

Petrofac has been awarded a “multimillion-dollar” technical training services contract by Shell in Iraq.
Petrofac Training Services will join in the operation of…

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Egypt awards four offshore licences
NEWS
Egypt - October 07, 2015

Egypt’s EGAS has awarded four exploratory oil and gas licences for blocks located off its Mediterranean coast, the state-owned gas company said in a statement…

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Interview
Indonesia - September 23, 2015

Subroto talks to TOGY about the decrease in oil production in Indonesia, unconventional resources and the prospect of rejoining OPEC. Subroto served as Minister of…

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