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Our business

BG Group is engaged in the exploration, development, production, transmission, distribution and supply of natural gas and oil. The Group also has a number of power generation interests.

BG Group’s operations are organised on a regional basis and BG Advance supports the regions in achieving technical excellence and building long-term competitive advantage.

World map showing BG Group operations. [Click button to enlarge] Our business map

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E&P icon Exploration and Production (E&P) Open Expand

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 competitive cost and to maximise the sales value of its hydrocarbons.

Total operating profit

£3 512m 2008

£2 387m 2007

LNG icon Liquefied Natural Gas (LNG) Open Expand

BG Group’s LNG activities combine liquefaction and regasification facilities with the purchasing, shipping, marketing and sale of LNG.

Total operating profit

£1 585m 2008

£521m 2007

T&D icon Transmission and Distribution (T&D) Open Expand

BG Group’s T&D activities are focused in fast-growing markets, developing both markets and infrastructure for the delivery of gas.

Total operating profit

£160m 2008

£247m 2007

Power icon Power Generation (Power) Open Expand

BG Group develops, owns and operates gas-fired power generation plants.

Total operating profit

£118m 2008

£130m 2007

  1. For a reconciliation between Business Performance and Total Results, see note 2. Total operating profit includes BG Group’s share of pre-tax results from joint ventures and associates.
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Americas and Global LNG

Key activities

  • Gas producer in Trinidad and Tobago, supplying both the domestic market and exporting gas as LNG
  • Appraising major oil discoveries and continuing exploration activity in Brazil
  • Exploration assets in Alaska and Canada
  • Regasification capacity in the USA
  • Developing regasification capacity in Chile
  • Major global LNG marketer
  • Control of Comgás, Brazil’s largest gas distribution company

BG Advance

Key activities

  • Group Technical functions: Exploration, Petroleum Engineering and Developments, Engineering Projects, Operations and Well Engineering, Commercial and Assurance, Strategy and Portfolio Development, IT and Technology
  • Promoting health, safety, security and environment (HSSE), and asset integrity across the Group
  • Co-ordination and development of BG Group strategy
  • Longer-term planning and development of technical and commercial capabilities
  • Managing the Group’s technical assurance processes
  • Optimising deployment of people across the Group

Europe and Central Asia

Key activities

  • Interests in more than 20 UK Continental Shelf fields
  • Joint operator of the super-giant Karachaganak oil and gas condensate field in Kazakhstan
  • Exploration portfolio in Norway of 20 licences; 15 as operator
  • Power generation interests in the UK and Italy
  • Developing regasification terminals in the UK and Italy
  • Gas marketing and pipeline capacity in the UK

Australia*

Key activities

  • Queensland Gas Company Limited (QGC), a leading coal seam gas company
  • Total reserves and resources of more than 11 tcf
  • Developing two-train 7.4 mtpa LNG project on Curtis Island, near Gladstone (QCLNG), with potential for third train
  • Gas supplier to the domestic market
  • Offer made for Pure Energy Resources Limited and material shareholding acquired

Africa, Middle East and Asia

Key activities

  • Major gas supplier to the Egyptian and Tunisian markets
  • Exporting gas as LNG from Egypt
  • Gas production in India and Thailand
  • Exploration acreage and/or discovered reserves located in Algeria, Areas of Palestinian Authority, China, Egypt, Libya, Madagascar, Nigeria, Oman, Thailand and Tunisia
  • Interests in two Indian gas distribution companies
  • Power generation activities in Malaysia and the Philippines
  1. * Region from 2009
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Our business
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BG Group ARA 2008 cover

Annual Report & Accounts 2008