Posted inPower List Oil & Gas Middle East Power 40

Bob Dudley

,CEO,BP Group

Bob Dudley

The environmental and human cost of the Deepwater Horizon tragedy in the Gulf of Mexico, alongside the oil price collapse in 2014, has meant some tough decisions for BP’s New York born leader.

The firm has cut costs by selling billions of dollars worth of assets yet despite this, its credit rating has risen to A1 based on its future prospects. BP has built up such a legacy of interests that in 2017, it produced more oil per day than the UAE, at 3.6mn barrels per day (bpd) − a spike of 12%.

When you have expanding interests in the natural gas market in Egypt and Oman, the largest stake in Iraq’s biggest oilfield and a holding in ADNOC’s oil portfolio, you are going to be near the top of our listing.

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