We're backing Britain

From pioneering to evolving: 60 years of bp in the North Sea

Production begins from bp-operated Seagull field in North Sea

4D survey at Clair Ridge to identify potential future opportunities.

bp pulse delivers significant progress in the rollout and reliability of its rapid & ultra-fast EV charging network

Last year, the company committed to investing £1 billion in the UK’s EV infrastructure over the next decade, with a focus on rapid and ultra-fast charging in convenient locations for drivers.

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We’ve successfully started up production from our Seagull field through a platform that’s been operating for a quarter of a century.

It’s all part of our efforts to tap into our existing North Sea portfolio to keep energy flowing where it’s needed, while also investing in the energy transition.

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bp is delighted to announce that it has opened two brand new retail stores

One in the town of Norton-on-Derwent in North Yorkshire and another in the village of Faygate in West Sussex. The opening of the two new stores has led to the creation of just under 50 new jobs across the two local areas.

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4D survey at Clair Ridge to identify potential future opportunities.

We’re turning more plans into action in the North Sea. Our seismic teams are conducting a 4D survey around Clair Ridge, one of the largest oil and gas developments in the region.

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bp’s impact on the UK economy in 2022

The impact of our activity can be felt right across the country, stimulating economic growth, generating employment, raising tax revenues and spurring innovation

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Backing Britain: investing in the UK energy system

The UK has a plan to boost long-term energy security and cut emissions and, at bp, we’re already hard at work on the challenge.

While today we’re mostly in oil and gas, we increased the proportion of our global annual investment that went into our lower carbon and other transition businesses from around 3% in 2019 to around 23% in 2023.

In the UK we plan to continue to invest in helping to maintain a secure supply of energy through North Sea oil and gas, as well as on solutions like offshore wind, EV charging, hydrogen and carbon capture. These plans go beyond investment in infrastructure - they also see us supporting the economy, skills development and job opportunities in the communities where we operate.

Read more about what we’re doing in the UK via the links below.

Our transformation

The world wants and needs a better and more balanced energy system – one that delivers energy that is secure and affordable, as well as lower carbon.

EV charging

We plan to invest £1 billion in the UK over the next 10 years in electric vehicle charging in the UK, supercharging the roll-out of fast, convenient charging across the country

North Sea oil and gas

We’re working hard to make our North Sea business the safest in the region and even more efficient and sustainable, deploying some of the latest technologies to reduce operational emissions offshore.

Retail

We’re continuing to develop our retail network across the UK, providing advanced fuels and market-leading convenience, through our partnership with M&S Food.

Hydrogen

We’re designing and developing world-class hydrogen hubs in the UK

Offshore wind

We’re developing offshore wind farms in the Irish and North Sea, contributing to the UK’s 50GW offshore wind targets for 2030.

Carbon capture storage (CCS)

We’re helping deliver this by leading one the UK’s first Carbon Capture and Storage (CCS) clusters to safely transport and store millions of tonnes CO2 emissions.

Solar

Solar energy is set to play a vital role in accelerating the UK’s net zero transition and supporting the country’s urgent need for more home-grown energy.

bp's impact on the UK economy 2023

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