BP EXPLORATION (SHAH DENIZ) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-15 (in 1y)
Last made up 2026-05-01
Watchouts
None on the register
Cash
£660M
USD 882,985,718
+18% vs 2023
Net assets
£2
USD 3
0% vs 2023
Employees
0
Average over period
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£109,705 | £305,795 | |
| Profit before tax | — | — | |
| Net profit | £0 | £0 | |
| Cash | £559,469,611 | £660,077,535 | |
| Total assets less current liabilities | £111,987,039 | £85,026,315 | |
| Net assets | £2 | £2 | |
| Equity | £2 | £2 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+18%
£559,469,611 £660,077,535
-
Net assets
0%
£2 £2
-
Employees
—
Not reported
-
Operating profit
+378.7%
-£109,705 £305,795
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -0.1% | 0.4% | |
| Current ratio | 1.14x | 1.09x | |
| Interest cover | -0.02x | 0.04x |
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.
Audit & accounting basis
- 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. No material uncertainties over going concern or significant judgements or estimates on the assessment were identified.”
Significant events
- “The Shah Deniz Stage 2 project reached its first production in July 2018, with gas being sold under gas sales agreements to Azerbaijan, Georgia, Türkiye, and the European Union (EU). In 2024, the field produced and exported about 27.5 billion standard cubic metres of gas and 35 million barrels of condensate.”
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 170 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 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 | |
| 2021-10-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.