BP EXPLORATION (CASPIAN SEA) LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -9.7%

  £1,004,678,179 → £907,166,031

• Cash

  -3%

  £344,628,093 → £334,330,567

• Net assets

  -7.3%

  £2,463,652,538 → £2,283,017,866

• Employees

  +2.5%

  2,601 → 2,667

• Operating profit

  +430.7%

  -£124,058,459 → £410,284,817

• Profit before tax

  +354.1%

  -£148,223,069 → £376,603,125

• Wages

  +8.4%

  £160,553,936 → £174,072,662

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. BP EXPLORATION (CASPIAN SEA) LIMITED 1992-12-15 → present
2. BRITISH BREON LIMITED 1946-02-11 → 1992-12-15

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The current economic and geopolitical environment were considered as part of the going concern assessment. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “In April 2019, ACG PSA partners announced the sanctioning of the Azeri Central East ("ACE") project. The project achieved first production in April 2024 and is expected to produce up to 300 million barrels over its lifetime.”
• “The Final Investment Decision ("FID") for the phase I (Initial Producer - "IP") was officially announced in September 2024. IP well production is expected by the end of 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.