bp
bp is an integrated energy company. we provide heat, light and mobility to people all around the world in ways that will help to drive the transition to a lower carbon future, with a purpose to reimagine energy for people and the planet and an ambition to be a net zero company by 2050 or sooner.
bp has a long-standing partnership with Abu Dhabi since 1939 and was at the forefront of the discovery of oil in the Emirate in 1958.
bp has significant production and operations activities in the Middle East; in Oman (Khazzan), Iraq (Rumaila), Kuwait (Burgan) and UAE (ADNOC Onshore, ADNOC LNG and NGSCO). bp net production across the Middle East is currently ca 351,000 barrels of oil equivalent/day. With our NOC partners, we are helping to develop ca. three million barrels of oil/day and 1.5 billion cubic feet of gas/day across the region.
bp’s interests in Abu Dhabi include joint venture partnerships with Abu Dhabi National Oil Company (ADNOC) and shareholdings in ADNOC Onshore (bp share 10%), ADNOC LNG (bp share 10%), and National Gas Shipping Company Ltd (NGSCO) (bp share 10%). bp’s net share of production from Abu Dhabi is around 190,000 barrels of oil per day (bopd) from ADNOC Onshore, in line with OPEC arrangements. bp has a number of secondees in ADNOC and ADNOC Onshore in key technical and leadership positions. bp continue to invest in developing local capabilities including seconding Emirati national staff to different bp locations worldwide and supported various social investment programmes such as bp Young Adventures, a training and leadership programme for teenagers from around the region, our partnership with Environment Agency Abu Dhabi on the Sustainable Schools Initiative, with Emirates Foundation for Youth Development, with Khalifa University, with Masdar on the Catalyst, the region’s first technology start-up accelerator focused on sustainability and clean technology and with ADNOC supporting social responsibility programme with emphasis on the Western Region.
