BG Group
| BG Group
|
|
|---|---|
 |
|
| legal form | Public limited company |
| founding | 1987 |
| resolution | 15th February 2016 |
| Reason for dissolution | Takeover by Royal Dutch Shell |
| Seat | Reading , UK |
| management | Andrew Gould ( Chairman ) Helge Lund ( CEO ) |
| Number of employees | 4927 |
| sales | 19.9 billion US dollars |
| Branch | energy |
| Website | www.bg-group.com |
| As of February 15, 2016 | |
BG Group plc ( BG ) was a UK energy company headquartered in Reading , Berkshire , UK . The company was listed in the FTSE 100 .
Company history
The company was formed in February 1997 by splitting from British Gas plc in Centrica and BG plc (renamed 1999: BG Group plc). Outside the UK, BG Group has the right to use the company name "British Gas"; within the UK, Centrica is entitled to use the company name .
In 2000 a company division was spun off as the Lattice Group . While BG took over the natural gas fields and other assets, Lattice received the natural gas transport division. Lattice took over Transco. In 2002 Lattice merged with National Grid . In April 2015, Royal Dutch Shell agreed to acquire BG Group for £ 47 billion. The takeover was completed in February 2016.
activities
BG's main business was the search for natural gas . It owned some natural gas pipelines and had shares in several power plants. The company operated worldwide, with only a small part of its activities in the UK. The Brazilian natural gas and oil company Comgás belonged to the Brazilian state-owned company Companhia Energética Sáo Paulo (CESP) until April 1999. CESP was sold to the British energy company BG Group and the oil company Royal Dutch Shell .
Individual evidence
- ↑ a b c Annual Report and Accounts 2014. BG Group, March 19, 2015, pp. 02, 07, 92 , accessed on April 9, 2015 (English, PDF; 7.2 MB).
- ↑ Shell closes billion dollar deal. In: sueddeutsche.de. April 8, 2015, accessed June 19, 2018 .
- ↑ Jess McHugh: Shell-BG Group Acquisition Complete, As Energy Giant Focuses On Liquefied Natural Gas. February 15, 2016, accessed October 5, 2019 .