BP EXPLORATION (SHAH DENIZ) LIMITED
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Cash
£852m
USD 1,148,086,025
+21.2% highest in 3 filed years
Net assets
£2
USD 3
0% vs 2024
Employees
0
Average over period
Profit before tax
£0
USD 0
Period ending 2025-12-31
Profit before tax
3-year trend · vs Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£115,118 | £325,583 | £178,124 | -45.3% | |
| Profit before tax | — | £0 | £0 | — | |
| Net profit | £0 | £0 | £0 | — | |
| Cash | £587,074,441 | £702,790,288 | £852,011,892 | +21.2% | |
| Total assets less current liabilities | £117,512,600 | £90,528,256 | £87,736,145 | -3.1% | |
| Net assets | — | — | — | — | |
| Equity | £2 | £2 | £2 | 0% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £0 | £25,232 | — |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | -0.1% | 0.4% | 0.2% | |
| Current ratio | 1.14x | 1.09x | 1.07x | |
| Interest cover | -0.02x | 0.04x | 0.02x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“No material uncertainties over going concern or significant judgements or estimates on the assessment were identified. Accordingly, the company will be able to draw on support from the bp group for the foreseeable future and these financial statements have therefore been prepared on a going concern basis.”
Significant events
- “In June 2025, the Shah Deniz Compression Project, a $2.9 billion initiative, achieved FID.”
- “Cash at bank and in hand includes $1,147,893,670 (2024 $882,982,858) of restricted cash belonging to Naftiran Intertrade Co. sanctioned by the USA.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BP SECRETARIES LIMITED | Corporate Secretary | 2025-10-29 | — | — |
| SUNBURY SECRETARIES LIMITED | Corporate Secretary | 2010-07-01 | — | — |
| CRISTOFOLI, Giovanni | Director | 2025-10-01 | May 1972 | British |
| FREEMAN, Jaqueline Sara | Director | 2016-01-01 | Feb 1968 | British |
| MCDONALD, Andrew Parker | Director | 2025-10-01 | Apr 1977 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALI, Yasin Stanley | Secretary | 2006-02-01 | 2010-06-30 |
| CUMMING, Robert Cameron | Secretary | 1996-07-03 | 2002-03-31 |
| ELVIDGE, Janet | Secretary | 2004-08-01 | 2006-02-01 |
| ENG, Christopher Kuangcheng Gerald | Secretary | 2009-03-23 | 2010-06-30 |
| TOOLEY, Roy Leslie | Secretary | 2002-02-11 | 2004-08-01 |
| ALLEN, David Christopher, Dr | Director | 1997-09-01 | 1999-02-28 |
| BARTLETT, John Harold, Mr. | Director | 1997-05-20 | 2012-02-27 |
| BIRRELL, Gordon Young | Director | 2012-11-15 | 2017-04-02 |
| BIRRELL, Gordon Young | Director | 2000-07-01 | 2001-08-31 |
| CUMMING, Robert Cameron | Director | 1996-07-03 | 1996-09-16 |
| DJEVANSHIR, Rashid Djamil Oglu, Professor | Director | 1999-03-01 | 2001-12-30 |
| DURRANT, Amanda Jane | Director | 1997-01-01 | 1998-02-27 |
| FORBES, Ian Douglas | Director | 1998-02-27 | 1999-02-28 |
| GROTE, Byron Elmer, Doctor | Director | 1996-09-16 | 1997-07-01 |
| HAYWARD, Anthony Bryan | Director | 1999-03-01 | 2000-08-31 |
| HOPWOOD, Andrew Paul | Director | 1999-03-01 | 2000-06-30 |
| JAVANSHIR, Rashid Jamil Oglu | Director | 2009-05-02 | 2012-11-15 |
| JONES, Robert Gary | Director | 2017-04-02 | 2025-10-01 |
| JULIUSSEN, Trine Lise | Director | 2022-01-14 | 2025-10-01 |
| JULIUSSEN, Trine Lise | Director | 2020-03-10 | 2020-09-30 |
| KELLY, Robert David | Director | 2002-01-01 | 2005-05-01 |
| LITTLE, Adam Charles | Director | 1997-01-01 | 1997-05-20 |
| LYNCH JR, John Edward | Director | 2003-03-01 | 2006-08-01 |
| MACRAE, Sandra Jean | Director | 2012-02-27 | 2016-01-01 |
| MORRIS, Robin Dale | Director | 2001-09-01 | 2003-02-03 |
| PANIGUIAN, Richard Leon | Director | 1999-12-01 | 2008-01-01 |
| PITMAN, Charles Joseph | Director | 1999-03-01 | 1999-08-31 |
| PUFFER, Brian Michael | Director | 2013-09-03 | 2018-02-06 |
| SCHRADER, William George | Director | 2006-11-10 | 2006-11-10 |
| SHEARMAN, Michael George | Director | 1997-01-31 | 1999-02-28 |
| SKINNER-REID, Elaine Patricia | Director | 2020-09-30 | 2022-01-14 |
| SKITMORE, Michael James | Director | 2005-05-01 | 2009-05-02 |
| TALLENTS, Adrienne Christine | Director | 1996-09-16 | 1999-07-31 |
| WESTON, Steven | Director | 1996-07-03 | 1996-09-16 |
| WOODWARD, David Keith | Director | 2001-09-01 | 2006-11-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bp Exploration Operating Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 171 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-09 | AA | accounts | Accounts with accounts type full | |
| 2026-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-29 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-29 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-14 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-20 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-07-08 | CH04 | officers | Change corporate secretary company with change date | |
| 2022-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-24 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.