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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Salim AL SIBANI
Interview
Oman - September 18, 2015

Oman Oil Company Exploration & Production (OOCEP) CEO Salim Al Sibani talks to TOGY about the importance of gas production in Oman, the challenges of exploiting tight…

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Nexans secures BP’s West Nile Delta deal
NEWS
Egypt - September 17, 2015

Cabling systems manufacturer Nexans have signed a contract to provide 48 kilometres of static umbilicals for BP’s West Nile Delta Taurus and Libra fields in Egypt.…

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Odfjell wins Wintershall contract
NEWS
Norway - September 07, 2015

German exploration and production company Wintershall has leased an vessel from Norwegian shipping company Odfjell to drill in the newly-opened Maria oil and…

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Maersk gets approval on development plan
NEWS
UK - August 31, 2015

Danish operator Maersk Oil has announced the approval of its North Sea Culzean gasfield development plan by UK authorities. The $4.5-billion plan aims to see production…

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Rosneft enters Egyptian LNG market
NEWS
Russia - August 28, 2015

Russia’s majority state-owned oil company Rosneft is marking its entry into the international LNG market with supply and purchase agreement in Egypt, the company said…

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Turkey eyes Statoil’s TAP share
NEWS
Turkey - August 17, 2015

The Turkish government is eyeing Statoil’s 20-percent stake in the Trans Adriatic Pipeline (TAP) project designed to carry gas from Azerbaijan to Europe, according to…

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US judge upholds BP manipulation charges
NEWS
USA - August 14, 2015

The claim that BP manipulated Texas’ natural gas market in 2008 was upheld on Thursday by an administrative law judge for the US Federal Regulatory Commission.

The…

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