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Upstream investor day and fieldtrip

December 2018

Bernard Looney presented an update on BP’s Upstream strategy during an investor day in Oman. The presentation highlighted the Upstream’s continued track record of delivery, confidence in free cash flow growth out to 2021 and improved medium-term growth capacity - all supported by a transformation agenda
Upstream investor day and fieldtrip

Additional breakout presentations provided further detail on six core areas.

Base and transformation

Base and transformation

Maximising the value of the base through optimising base decline and managing cash costs, all enabled by our transformation agenda

Capital discipline and productivity

We continue to improve the execution of our capital activity, delivering our new wells and major projects through a focus on making the right choices and maintaining capital discipline

Capital discipline and productivity
Advantaged oil portfolio and growth

Advantaged oil portfolio and growth

We have a strong oil portfolio with high quality growth options, and continue to unlock significant value in basins around the world

Advantaged gas portfolio and growth

We continue to grow our gas portfolio through our balanced portfolio and quality growth options, and have integrated capability throughout the gas value chain

Advantaged gas portfolio and growth
BPX Energy - Lower 48

BPX Energy - Lower 48?

We have built a premier Lower 48 onshore business that is focused on delivering free cash flow growth, through proven assets and a team with proven track record

Oman

A deepdive into BP’s history in Oman with further information provided on the Khazzan and Ghazeer projects and future growth options

Oman
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