* 2018 remuneration slightly below 2017's $15.1 mln
* BP's 2018 profits doubled to five-year high(Adds details, graphics)
By Ron Bousso
LONDON, March 29 (Reuters) - BP Chief Executive BobDudley's pay package slipped to $14.7 million last year from$15.1 million in 2017, even though the oil and gas company'sprofits doubled to a five-year high.
The 63-year old, who took the helm shortly after the 2010deadly Deepwater Horizon spill in the Gulf of Mexico, hasoverseen a large expansion in the company's production in recentyears.
Dudley's wages and those of other executives in the sectorhave nevertheless come under growing scrutiny from investors,particularly following the 2014 collapse in oil prices.
His 2017 remuneration was revised up to $15.1 million fromthe previously reported $13.4 million due to changes in thevalue of BP's shares over the period.
The drop in the 2018 package was the result of a reducedannual bonus and pension, which was partly offset by a rise inBP's share price, the company said in its 2018 annual report.
Dudley's 2016 pay package was cut by 40 percent after amajority of shareholders opposed the company's pay policy.
Royal Dutch Shell CEO Ben van Beurden saw his paypackage more than double to 20.1 million euros ($22.8 million)in 2018, mainly thanks to a bonus and an incentive plan fordelivering on targets. It was the second highest pay on recordfor van Beurden since he became CEO in 2014.
Total CEO Patrick Pouyanne, on the other hand, sawhis proposed salary reduced to 3.1 million euros ($3.6 million)from 3.8 million in 2017.
After settling the vast majority of payments for the 2010spill, totalling nearly $70 billion, BP has more recentlyfocused on growing production into the next decade, includingthe $10.5 billion purchase of BHP Billiton's U.S. shale assets,BP's largest deal in 30 years.
(Reporting by Ron Bousso, Editing by Louise Heavens and MarkPotter)
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