Professional Documents
Culture Documents
Lubricants
Fuels
Gulf of Mexico
Alternative Energy
1. Europe
2. US and Canada
3. Asia
4. South and Central
America
5. Middle East,
North Africa
6. Sub-Saharan
Africa
7. Russia
Total
32,600
19,800
16,200
6,900
5,700
2,400
300
83,900
Strategic report
North Sea
Our activity in the North Sea region
encompasses the entire industry life cycle,
from access and exploration to production and
decommissioning. We operate more than 20
oil and gas fields, two major terminals and an
extensive network of pipelines.
Azerbaijan
We invest more in Azerbaijan than any other
foreign company, operating two productionsharing agreements as well as holding other
exploration leases. The Caspian Sea is one
of the worlds major hydrocarbon provinces,
and the development of the regions offshore
oil and gas fields and onshore pipelines has
made Azerbaijan a focal point of the global
energy market.
Rosneft
Rosneft is Russias largest oil company
and the worlds largest publicly traded oil
company in terms of hydrocarbon
production. BPs 19.75% share of Rosnefts
proved reserves on an SEC basis is 5 billion
barrels of oil and 9 trillion cubic feet of gas.
Rosnefts downstream operations include
interests in 23 refineries (see page 35).
Angola
We have interests in nine offshore deep
and ultra deepwater blocks in Angola with a
total acreage of more than 32,600km2. Our
Pluto, Saturno, Vnus and Marte (PSVM)
offshore development began producing oil
in December 2012 and is one of the largest
subsea developments in the world.
Petrochemicals
We produce petrochemicals products
across our 15 manufacturing sites, and sell
our products to customers in more than
40 countries. Approximately 45% of our
capacity is in Asia, 30% in the US and 25%
in Europe.