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    Our Goal Is To Be A Focused Oil and Gas Company That Delivers Value Over

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    Indra Prasetya
    BP's goal is to deliver value over volume by pursuing a strategy of setting clear priorities, actively managing a quality portfolio, and employing distinctive capabilities. Their priorities are running safe operations, achieving competitive project execution, and making disciplined financial choices to generate sustainable free cash flow. They undertake active portfolio management to focus on areas of strength like deepwater, giant fields, and selected gas value chains. Their ability to deliver depends on applying advanced technology, strong relationships, and proven employee expertise across disciplines.

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    Our Goal Is To Be A Focused Oil and Gas Company That Delivers Value Over

    Uploaded by

    Indra Prasetya
    39 views1 page
    BP's goal is to deliver value over volume by pursuing a strategy of setting clear priorities, actively managing a quality portfolio, and employing distinctive capabilities. Their priorities are running safe operations, achieving competitive project execution, and making disciplined financial choices to generate sustainable free cash flow. They undertake active portfolio management to focus on areas of strength like deepwater, giant fields, and selected gas value chains. Their ability to deliver depends on applying advanced technology, strong relationships, and proven employee expertise across disciplines.

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    BP

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    BP Strategies

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    BP's goal is to deliver value over volume by pursuing a strategy of setting clear priorities, actively managing a quality portfolio, and employing distinctive capabilities. Their priorities are running safe operations, achieving competitive project execution, and making disciplined financial choices to generate sustainable free cash flow. They undertake active portfolio management to focus on areas of strength like deepwater, giant fields, and selected gas value chains. Their ability to deliver depends on applying advanced technology, strong relationships, and proven employee expertise across disciplines.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    39 views1 page

    Our Goal Is To Be A Focused Oil and Gas Company That Delivers Value Over

    Uploaded by

    Indra Prasetya
    BP's goal is to deliver value over volume by pursuing a strategy of setting clear priorities, actively managing a quality portfolio, and employing distinctive capabilities. Their priorities are running safe operations, achieving competitive project execution, and making disciplined financial choices to generate sustainable free cash flow. They undertake active portfolio management to focus on areas of strength like deepwater, giant fields, and selected gas value chains. Their ability to deliver depends on applying advanced technology, strong relationships, and proven employee expertise across disciplines.

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    BP Strategies

    Our goal is to be a focused oil and gas company that delivers value over
    volume
    We are pursuing our strategy by setting clear priorities, actively managing a
    quality portfolio and employing our distinctive capabilities. Our financial
    objective is to create shareholder value by generating sustainable free cash
    flow (operating cash flow less net investment). This disciplined approach
    enables us to invest for the future while aiming to increase distributions to
    our investors.
    Clear priorities
    First, we aim to run safe, reliable and compliant operations leading to
    better operational efficiency and safety performance. We also aim to achieve
    competitive project execution, which is about delivering projects efficiently
    so they are on time and on budget. And we aim to make disciplined financial
    choices, so we can achieve continued growth in operating cash from our
    underlying businesses and disciplined allocation of capital.
    Quality portfolio
    We undertake active portfolio management to concentrate on areas where
    we can play to our strengths. This means we continue to grow our
    exploration position, reloading our upstream pipeline. We focus on high-value
    upstream assets in deepwater, giant fields and selected gas value chains.
    And, with our downstream businesses, we plan to leverage our newly
    upgraded assets, customer relationships and technology to grow free cash
    flow. Our portfolio of projects and operations is focused where we can
    generate the most value, and not necessarily the most volume, through our
    production
    Distinctive capabilities
    Our ability to deliver against our priorities and build the right portfolio
    depends on our distinctive capabilities. We apply advanced technology
    across the hydrocarbon value chain, from finding resources to developing
    energy-efficient and high-performance products for customers. We rely on
    our strong relationships with governments, partners, civil society and
    others to enable our operations in around 80 countries across the globe.
    And, the proven expertise of our employees comes to the fore in a wide
    range of disciplines

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