Who do BP (British Petroleum) buy their oil from?

I'm researching BP for marketing and need to find out who BP's suppliers are. Do they rely solely on one company or several?





ThanksWho do BP (British Petroleum) buy their oil from?
BP is engaged in exploration and production of oil rather than buying it from someone to resell. They may buy it from other producers if they have a refinery that requires more oil than is available from their nearby production. In such cases they would buy from the most convenient source which could be Exxon, Shell, Conoco-Phillips, Chevron or some small producer.





A large part of the oil is produced by Joint Venture wells which means that several oil companies own a percentage of the working interest in the wells. One company becomes the operator of the well and provides the manpower and buys all supplies and equipment. The other working interest owners either sell their share of production to the operator or take it and market or refine it themselves. The operator bills other owners for their share of the expenses and equipment purchases plus an 'overhead' charge to cover some smaller purchases that are not accounted for in the type expenses billed specifically.Who do BP (British Petroleum) buy their oil from?
They probably rely on various oil companies, depending on where oil is abundant and who can offer the best price. There are loads as competition is so high.


You should write to BP and tell them you are researching them for a project - they might send you some helpful info (they probably won't give too much away).





My father is a commercial diver - he works on oil rigs for the companies that pump the oil out of the ground and he works for various different companies who supply it to BP/SHELL/OILEXCO/Exxon etc.
To the best of my knowledge BP find oil fields and drill for their own oil. Possibly they buy as well from independent drilling companies?