BP plc · LSE:BP.
BP — Q3 2013 Earnings Presentation
8 slides from BP's earnings presentation, 2013
Slide 1: Business Update 3Q 2013 results
Business Update 3Q 2013 results
Slide 2: Performance results (actual)
Performance results (actual) Production • ACG – oil (mb/d) 663.2 – oil (mmte) 24.5 • SD – gas (bscm) 7.3 – condensate (mmte) 1.85 Opex ($m) • ACG 574 • SD 143 Capex ($m) • ACG 2,039 • BTC 48 • SD 1,364 • SCP 9
Slide 3: 2013 highlights
2013 highlights • ACG achieved a total of 2.3 bn barrels of oil production since first oil • ACG delivered 7 oil producer wells, 1 gas injector and 2 water injector wells • BTC loaded the 2,350th tanker at Ceyhan • BTC carried a total of over 240 million tonnes of crude • Shah Deniz has continued pl
Slide 4: Shah Deniz full field development – concept and planned activities
Shah Deniz full field development – concept and planned activities Contracts to sell gas to EU and Two new bridge linked platforms provide Existing Stage 1 Platform Turkey 16 bcma offshore processing To EU markets New terminal at Sangachal 26 subsea wells to 500 km of subsea 2,000km transit across w
Slide 5: Shafag-Asiman exploration
Shafag-Asiman exploration Shafag-Asiman: • Water depth: 600-800m. • 60km from Shah Deniz; 145km from Sangachal terminal. • Deep (7,000m) reservoirs. • Expected very high subsurface pressures. Exploration: • 3D seismic acquisition conducted. • Exploration well, timing of which to be determined by ava
Slide 6: Local content and social initiatives
Local content and social initiatives Local contractors/suppliers (AGT region) Number Spend ($m) SMEs 385 622 State-owned companies 35 116 42% of third JVs with local partners 13 395 party spend In-country spend with foreign suppliers 515 Total in-country spend 1,648 Social initiatives in Azerbaijan
Slide 7: Employment of Azerbaijani nationals
Employment of Azerbaijani nationals • 2,798 Azerbaijanis directly Permanent professional employees in Azerbaijan employed by BP 16% • 84% of permanent professionals in Azerbaijan Azerbaijanis comprised of national Expatriates employees 84% Permanent professional employees in Azerbaijan 90 80 70 60 5
Slide 8: Major social initiatives
Major social initiatives • Enhancing local governance and environmental initiatives along BTC/SCP • Establishment of a web-based Caspian Information Centre (CIC) • ‘Meet the Buyer’ event project in support of local market development • School of Project Management • The enterprise development and tr