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BG Group

BG Group plc
Company typePublic limited company
IndustryOil and gas
Founded1997 (Demerger of Centrica)
2000 (Demerger of Lattice Group from BG Group)
Defunct15 February 2016
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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