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BG Group Plc

Sector: Crude Petroleum And Natural Gas Region: United Kingdom


Exchange/Ticker: London Stock Exchange: BG


Listed in: : Oil, Gas & Energy

Company Description

BG Group is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 20 countries on five continents, BG Group has a broad portfolio of business interests focused on exploration and production and liquefied natural gas. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves. While our headquarters are in United Kingdom (UK), the majority of our 6 000+ employees, drawn from more than 70 nationalities, work outside the UK. We have a proud history in all aspects of the energy sector, particularly natural gas, where we have experience across the entire gas chain – from exploration to delivery to the consumer. BG Group is a publicly listed company on the London Stock Exchange and is also listed on the US over-the-counter market known as “International OTCQX”. Our Business Strategy:
Our focus is on understanding, building and supplying natural gas markets around the world. We operate in two key business sectors – Exploration and Production and Liquefied Natural Gas. BG Group explores for, develops, produces and markets gas and oil around the world. The Group uses its technical, commercial and gas chain skills to deliver projects at a competitive cost and to maximise the sale value of its hydrocarbons. BG Group’s Liquefied Natural Gas (LNG) business incorporates the purchase, shipping, marketing, sale and regasification of LNG across the globe. These two businesses combine to allow BG group to connect competitively priced resources to specific high-value markets.

Featured Media


BG Group: developing the Santos Basin, offshore Brazil

BG Group: developing the Santos Basin, offshore Brazil

Executives


Andrew Gould, Chairman
Non-Executive Director and Chairman-designate (age 65) Appointed as a Non-Executive Director on 1 June 2011. Andrew will become Chairman following the 2012 AGM. Skills and experience: A chartered accountant, Andrew joined Schlumberger in 1975 where he held various senior management positions before being appointed chairman and chief executive officer from 2003 to 2011, when he retired as CEO. He was also a member of the Prime Minister’s Council of Science and Technology from 2004 to 2007 and served as vice president, technology, of the United States National Petroleum Council’s 2007 report, ‘The Hard Truths about Energy’.
Chris Finlayson, Chief Executive
Chief Executive. Appointed as an Executive Director in 2011; Chief Executive from 1 January 2013. Skills and experience: Before joining BG Group, Chris gained over 33 years’ technical and commercial experience in the oil and gas industry, with Royal Dutch Shell plc, where he was a member of the Exploration and Production leadership team, serving in Russia, Nigeria, Brunei and the North Sea. Prior to his appointment as Chief Executive, Chris was responsible for BG Advance, including BG Group’s exploration team, the Group’s major capital projects programme, contracts and procurement, and technology.
Den Jones, Interim Chief Financial Officer and Executive Director
Interim CFO. Appointed on 15 February 2013. Skills and experience: Prior to joining BG Group, Den spent more than a decade in specialist financial management and analyst positions, encompassing senior roles at PwC and Citibank/Salomon Smith Barney Investment Bank. He has been with BG Group since 2000 in a range of senior financial management positions and, from 2010, was Group Financial Controller, reporting directly to the Chief Financial Officer, with responsibility for the Group’s finance function and operations. Den was Alternate Director for Fabio Barbosa from 9 September 2012 to 15 February 2013.
Martin Houston, Chief Operating Officer and Executive Director
Chief Operating Officer and Executive Director. Martin joined British Gas plc in 1983 and became BG Group Executive Vice President in 2000. He was appointed to the Board in February 2009 and as Chief Operating Officer in December 2011. Skills and experience: Martin has gained extensive international experience from a wide variety of technical, commercial and management roles and has played a leading role in developing the Group’s LNG business. He is a fellow of the Geological Society of London and a Companion of the Institution of Gas Engineers and Managers. Responsibilities: Based in Houston and London, he is responsible for the operational performance of the Group’s regions and assets, as well as Group-wide business development.