BG INTERNATIONAL LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -27.6%

  £619,720,416 → £448,531,061

• Cash

  -71.4%

  £26,164,312 → £7,475,518

• Net assets

  +2.9%

  £4,835,164,835 → £4,973,461,912

• Employees

  —

  Not reported

• Operating profit

  -194.6%

  £207,819,391 → -£196,606,115

• Profit before tax

  -28%

  £653,360,245 → £470,210,062

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. BG INTERNATIONAL LIMITED 1999-07-13 → present
2. BG EXPLORATION AND PRODUCTION LIMITED 1997-02-17 → 1999-07-13
3. BRITISH GAS EXPLORATION AND PRODUCTION LIMITED 1991-05-01 → 1997-02-17
4. GAS COUNCIL (EXPLORATION) LIMITED 1967-03-30 → 1991-05-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In determining the appropriate basis of preparation of the financial statements, the Directors are required to consider whether the Company can continue in operational existence over the period to 31 December 2026 (the 'going concern period'). The Directors have considered the potential risks and uncertainties relating to ongoing geo-political events and its related economic impact on the Company's business, credit, market, and liquidity position. Based on the above, together with the Directors knowledge and experience of the market, the Directors consider it appropriate to prepare the financial statements for the year ended 31 December 2024 on a going concern basis.”

Group structure

1. BG INTERNATIONAL LIMITED · parent
   1. Shell Trinidad and Tobago Resources SRL 100% · Barbados
   2. Shell Chile S.A. 99.99% · Chile
   3. Burullus Gas Company SAE 25% · Egypt
   4. Karachaganak Petroleum Operating B.V. 29.25% · Netherlands
   5. Tanzania LNG Limited 1% · Tanzania
   6. BG Delta Limited 100% · United Kingdom
   7. BG Gas Services Limited 100% · United Kingdom
   8. BG Karachaganak Limited 100% · United Kingdom
   9. Karachaganak Petroleum Marketing, LLP 29.25% · Kazakhastan
   10. BG Kenya L10B Limited 100% · United Kingdom
   11. BG Mongolia Holdings Limited 100% · United Kingdom
   12. BG OKLNG Limited 100% · United Kingdom
   13. Shell Exploration and Production Limited 100% · United Kingdom
   14. Shell Exploration and Production Tanzania Limited 100% · United Kingdom
   15. Shell Trinidad 5(A) Limited 100% · United Kingdom
   16. Shell Trinidad Block E Limited 100% · United Kingdom

Significant events

• “On December 5, 2024, Shell and Equinor ASA, announced the combination of their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea's biggest independent producer... Assets of $1,354 million and associated liabilities of $526 million have been classified as held for sale in the balance sheet at 31 December 2024.”
• “Despite the gas discovery at the Khufu well in Egypt, the substantial costs associated with further development led to the strategic decision to discontinue this segment of the North East El Amriya project. As a result, the well was written off at a value of $55 million.”
• “The business has decided not to extend Bimshire licenses in Barbados due to small possibility of success and the license of $4 million was impaired in the financial statements.”
• “On 30th October 2024, the board approved the share capital reduction in aggregate amount of $3,483 million (2,734,134,433 shares) which is supported by a solvency statement.”

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

Filings

10

last 12 months

Capital events

3

last 24 months

Officers appointed

4

last 12 months

Officers resigned

3

last 12 months

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