User:Arturo at BP/Worldwide operations

From Wikipedia, the free encyclopedia

Other countries[edit]

BP has oil and gas exploration and development operations in 30 countries worldwide.[1] In Brazil, the company holds stakes in offshore oil and gas exploration in the Barreirinhas, Ceará and Campos basins, in addition to onshore processing facilities.[2] BP also operates biofuel production facilities in Brazil, including three cane sugar mills for ethanol production.[3][4] BP operates the two largest oil and gas production projects in Azerbaijan, the Azeri–Chirag–Guneshli offshore oil fields in the Caspian Sea, which supplies 80 percent of the country's oil production, and the Shah Deniz gas field.[5][6] In Egypt, BP produces approximately 15 percent of the country's total oil production and 40 percent of its domestic gas.[7] The company also has offshore gas developments in the East Nile Delta Mediterranean, and in the West Nile Delta,[8] where the company has a joint investment of $9 billion with RWE to develop two offshore gas fields.[9][10] BP is also involved in offshore oil development in Angola, where it holds an interest in a total of nine oil exploration and production blocks covering more than 30,000 square kilometers. This includes four blocks it acquired in December 2011 and an additional block that is operated by Brazilian national oil company, Petrobras, in which it holds a 40 percent stake.[11] The company is the largest oil and gas producer in Trinidad and Tobago, where it holds more than 1,350 square miles of offshore assets.[12] BP also has a stake in exploration of two blocks of offshore deepwater assets in the South China Sea.[13][14] In India, BP owns a 30% share of oil and gas assets operated by Reliance Industries, including exploration and production rights in more than 20 offshore oil and gas blocks, representing an investment of more than $7 billion into oil and gas exploration in the country.[15]

In addition to its offshore operations, the company is involved in major onshore oil and gas exploration and production in Iraq and Russia.[16] BP operates in Iraq as part of the joint venture Rumaila Operating Organization in the Rumaila oil field, the world's fourth largest oilfield, where it produced over 1 million barrels of oil equivalent per day in 2011.[17][18] As of October 2012, BP holds a 1.25 percent stake in Russia's state-controlled oil company, Rosneft, and expects to hold 19.75 percent upon completion of the sale of its stake in TNK-BP.[19] BP's Canadian operations are headquartered in Calgary and the company operates primarily in Alberta and the Northwest Territories. BP in Canada is a key purchaser of crude oil for the company's refineries in the US and also has significant oil sand holdings in Alberta.[20][21] The country's oil reserves are the third largest in the world and 97 percent of these reserves are in oil sands deposits, primarily in Alberta.[22] The company's Canadian oil sands leases include joint ventures with Husky Energy in the Sunrise Energy Project,[23] and Devon Energy in Pike,[24] and a partnership with Value Creation Inc. in the development of the Terre de Grace oil sands lease.[25] BP also has major liquefied natural gas activities in countries including Indonesia, where it operates the Tangguh LNG project, which began production in 2009 and has a capacity of 7.6 million tonnes of liquid natural gas per year.[26] Also in that country, the company has invested in the exploration and development of coalbed methane.[27]

The company's refining operations include Europe's second-largest oil refinery, located in the Netherlands. The Rotterdam refinery can process up to 377,000 barrels of crude oil per day.[28] In Australia, BP operates two out of the country's seven refineries: Kwinana in Western Australia, which can process up to 146,000 barrels of crude oil per day and is the country's largest refinery, and the Bulwer Island refinery in Queensland, which can process up to 102,000 barrels of crude per day.[16][29][30] BP also owns a refinery in Spain, and share in refineries in Germany, South Africa and New Zealand and owns or has a share in more than a dozen petrochemical manufacturing plants worldwide. The company's petrochemicals plants produce products including purified terephthalic acid, paraxylene, and acetic acid.[16] Its petrochemicals, lubricants, fuels and related services are marketed in over 70 countries.[16]

  1. ^ "Key facts and figures". bp.com. BP. Retrieved 8 August 2012.
  2. ^ Alexis Flynn (6 March 2012). "BP Expands Brazil Exploration Footprint". Retrieved 19 June 2012.
  3. ^ Jeff Fick (14 March 2011). "BP Expands Biofuels Business In Brazil". Wall Street Journal. Retrieved 19 June 2012. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  4. ^ "BP expands Brazil ethanol operations". Reuters Africa. 14 September 2011. Retrieved 21 June 2012.
  5. ^ Andrew Neff (7 July 2010). "BP Chief Reassures Azerbaijan on U.K. Firm's Commitment amid Talk of Asset Sales". Global Insight. Retrieved 30 July 2012.
  6. ^ Lada Yevgrashina (1 March 2012). "BP to boost investment in Azeri projects in 2012". Reuters. Retrieved 21 June 2012.
  7. ^ Alan Petzet (28 June 2012). "BP Starts Nile Delta Seth field gas production". Oil & Gas Journal. Retrieved 9 October 2012.
  8. ^ "BP's Seth Yields Gas Before Plan". Yahoo! Finance. Zacks Equity Research. 29 June 2012. Retrieved 1 October 2012.
  9. ^ Jan Hromadko (19 July 2010). "RWE, BP to Jointly Invest $9B in Offshore Egypt Blocks". Rigzone. Retrieved 10 October 2012.
  10. ^ "BP Signs Agreement with the Egyptian Ministry of Petroleum and the Egyptian General Petroleum Corporation to Amend the North Alexandria and West Mediterranean Deepwater Concessions" (Press release). BP. 19 July 2010. Retrieved 10 October 2012.
  11. ^ "BP Grows Deepwater Exploration Portfolio with Major Win of Angola Acreage" (Press release). BP. 20 December 2011. Retrieved 1 October 2012.
  12. ^ "BP eyes new work in Trinidad and Tobago". UPI.com. 15 May 2011. Retrieved 21 June 2012.
  13. ^ "BP gets OK for deepwater gas exploration". China.org.cn. 15 February 2012. Retrieved 21 June 2012.
  14. ^ Wan Xu (15 February 2012). "BP hopes to drill new S.China Sea gas block this yr". Reuters. Retrieved 30 July 2012. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  15. ^ Amol Sharma (21 February 2011). "BP to Make Big India Investment". Wall Street Journal. Retrieved 21 June 2012. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  16. ^ a b c d Annual Report and Form 20-F 2011 (PDF) (Report). BP. 6 March 2012. Retrieved 6 June 2012.
  17. ^ "Iraq signs deal with BP, CNPC for Rumaila field". Reuters. 8 October 2009. Retrieved 1 October 2012.
  18. ^ "BP reaches production milestone in Iraq". UPI.com. 12 January 2011. Retrieved 21 June 2012.
  19. ^ Steven Mufson (21 October 2012). "BP to sell its stake in Russian venture". Washington Post. Retrieved 22 October 2012.
  20. ^ "BP in Canada". bp.com. BP. 2012. Retrieved 9 October 2012.
  21. ^ "Canadian oil sands". bp.com. BP. Retrieved 1 October 2012.
  22. ^ "The Facts on Oil Sands". capp.ca. Canadian Association of Petroleum Producers. 2012. Retrieved 15 October 2012.
  23. ^ Eric Watkins (10 September 2010). "Enbridge signs agreement with Husky for Sunrise facilities". Oil & Gas Journal. Retrieved 11 October 2012.
  24. ^ "Devon Energy Fact Sheet" (PDF). devonenergy.com. Devon Energy. 2010. Retrieved 11 October 2012.
  25. ^ Claudia Cattaneo (12 April 2012). "Economist heads BP's Canadian unit". National Post's Financial Post & FP Investing. Retrieved 30 July 2012.
  26. ^ Tom Grieder (3 February 2009). "Indonesia's Tangguh LNG Project Begins Commissioning". Global Insight. Retrieved 30 July 2012.
  27. ^ Agus Suhana (27 May 2011). "BP Plans To Invest $10 Billion In Indonesia In Next 10 Years". Bloomberg. Retrieved 21 June 2012. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  28. ^ Lananh Nguyen (18 September 2012). "Vitol Sells Diesel; BP Plans Rotterdam Unit Halt: Oil Products". Bloomberg. Retrieved 1 October 2012.
  29. ^ Samantha Zee (9 December 2009). "BP Says Australian Oil Refinery Unaffected By Strike (Update1)". Bloomberg Businessweek. Retrieved 14 June 2012. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  30. ^ "BP plans maintenance work at Australian refineries in H1 - sources". Reuters. 23 February 2012. Retrieved 14 June 2012.
Retrieved from "https://en.wikipedia.org/w/index.php?title=User:Arturo_at_BP/Worldwide_operations&oldid=1168402076"