BP 2013 Annual Report Download - page 18

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Grow our
exploration
position
Focus on high-value
upstream assets
Build high-quality
downstream
businesses
Our ability to deliver
against our priorities
and build the right
portfolio depends on our
distinctive capabilities.
Our strategy in action
Competitive project
execution
Safe, reliable and
compliant operations
Disciplined financial
choices
Quality portfolio
Distinctive capabilities
Delivering energy
to the world
Grow our
exploration
position
Focus on
high-value
upstream assets
Disciplined
financial
choices
Competitive
project
execution
Clear priorities
Safe, reliable and
compliant operations
Build high-quality
downstream businesses
Proven
expertise Strong
relationships
Advanced
technology
a
See footnote d on page 56.
b
On a combined basis of subsidiaries and equity-
accounted entities, excluding the impact of acquisitions
and disposals. Includes BP’s share of TNK-BP’s
production and reserves additions from 1 January 2013
to 20 March 2013, and BP’s share of Rosneft production
and reserves additions from 21 March 2013 to
31 December 2013.
c
Combined production of subsidiaries and equity-
accounted entities.
See page 16.
BP Annual Report and Form 20-F 201314