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BG Group

BG Group plc
Company typePublic
LSE: BG.L
IndustryOil and gas
Founded1997 (1997) (Demerger of Centrica)
2000 (Demerger of Lattice Group from BG Group)
DefunctFebruary 15, 2016 (2016-02-15)
FateAcquired by Royal Dutch Shell
HeadquartersReading, United Kingdom
ProductsCrude oil, natural gas, petrochemicals
RevenueUS$19.289 billion (2014)[1]
US$6.155 billion (2014)[1]
US$(1.044) billion (2014)[1]
Number of employees
5,200 (2015)[2]
ParentShell plc
Websitewww.bg-group.com Edit this on Wikidata

BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom.[3][4] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange (BG.L) and was a constituent of the FTSE 100 Index. In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public company in the world.[5]

Prior to its acquisition by Shell, BG Group had operations in 25 countries across six continents and produced around 680,000 barrels of oil equivalent per day.[6][7] It had a major liquefied natural gas (LNG) business and was the largest supplier of LNG to the United States.[8] As at 31 December 2009, it had total proven commercial reserves of 2.6 billion barrels (410,000,000 m3) of oil equivalent.[9]

  1. ^ a b c "Preliminary Results 2014" (PDF). BG Group. Archived from the original (PDF) on 26 February 2015. Retrieved 15 March 2015.
  2. ^ "BG Group at a glance". BG Group plc. Retrieved 15 March 2015.
  3. ^ "General contacts Archived 21 October 2010 at the Wayback Machine." BG Group. Retrieved on 5 November 2010. "Address: BG Group plc Thames Valley Park, Reading, Berkshire, RG6 1PT United Kingdom"
  4. ^ "Directions to BG Reading Archived 5 October 2010 at the Wayback Machine." BG Group. Retrieved on 5 November 2010. PDF Map Archived 22 December 2010 at the Wayback Machine.
  5. ^ "Forbes Global 2000". Forbes. Retrieved 30 July 2020.
  6. ^ "BG Group Profile". BG Group plc. Archived from the original on 17 August 2010. Retrieved 24 August 2010.
  7. ^ "2010 Second Quarter & Half Year Results" (PDF). BG Group plc. Archived from the original (PDF) on 21 December 2010. Retrieved 31 August 2010.
  8. ^ "Liquefied Natural Gas – an enabling technology". BG Group plc. Archived from the original on 7 June 2010. Retrieved 31 August 2010.
  9. ^ "Annual Report and Accounts 2009" (PDF). BG Group plc. Archived (PDF) from the original on 21 December 2010. Retrieved 9 November 2010.

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