07.04.2013 Views

download - BG Group

download - BG Group

download - BG Group

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

2<br />

<strong>Group</strong> at a glance<br />

Our business<br />

<strong>BG</strong> <strong>Group</strong> is engaged in the exploration,<br />

development, production, transmission,<br />

distribution and supply of natural gas and<br />

oil. The <strong>Group</strong> also has a number of power<br />

generation interests.<br />

<strong>BG</strong> <strong>Group</strong>’s operations are organised on a<br />

regional basis and <strong>BG</strong> Advance supports the<br />

regions in achieving technical excellence and<br />

building long-term competitive advantage.<br />

www.bg-group.com<br />

Exploration and Production (E&P)<br />

<strong>BG</strong> <strong>Group</strong> explores for, develops, produces<br />

and markets gas and oil around the world.<br />

The <strong>Group</strong> uses its technical, commercial<br />

and gas chain skills to deliver projects at<br />

competitive cost and to maximise the<br />

sales value of its hydrocarbons.<br />

Liquefied Natural Gas (LNG)<br />

<strong>BG</strong> <strong>Group</strong>’s LNG activities combine<br />

liquefaction and regasification facilities<br />

with the purchasing, shipping,<br />

marketing and sale of LNG.<br />

Transmission and Distribution (T&D)<br />

<strong>BG</strong> <strong>Group</strong>’s T&D activities are focused<br />

in fast-growing markets, developing<br />

both markets and infrastructure for<br />

the delivery of gas.<br />

Power Generation (Power)<br />

<strong>BG</strong> <strong>Group</strong> develops, owns and operates<br />

gas-fired power generation plants.<br />

Total operating profit<br />

£3 512m 2008<br />

£2 387m 2007<br />

Total operating profit<br />

£1 585m 2008<br />

£521m 2007<br />

Total operating profit<br />

£160m 2008<br />

£247m 2007<br />

Total operating profit<br />

£118m 2008<br />

£130m 2007<br />

Alaska<br />

Business Performance – see page 39 for a description.<br />

Total operating profit includes <strong>BG</strong> <strong>Group</strong>’s share of pre-tax results from joint ventures and associates.<br />

Canada<br />

USA<br />

Bolivia<br />

Chile<br />

Americas and Global LNG<br />

Trinidad and<br />

Tobago<br />

Uruguay<br />

Key activities<br />

• Gas producer in Trinidad and Tobago, supplying both<br />

the domestic market and exporting gas as LNG<br />

• Appraising major oil discoveries and continuing<br />

exploration activity in Brazil<br />

• Interests in shale gas in Louisiana and Texas and in<br />

complementary gas-gathering and transportation assets<br />

• Exploration assets in Alaska and Canada<br />

• Regasification capacity in the USA and Chile<br />

• Major global LNG marketer<br />

• Control of Comgás, Brazil’s largest gas distribution company<br />

<strong>BG</strong> Advance<br />

Argentina<br />

Key activities<br />

• <strong>Group</strong> Technical functions: Exploration, Petroleum Engineering<br />

and Developments, Engineering Projects, Operations and<br />

Well Engineering, Commercial and Assurance, Strategy<br />

and Portfolio Development, IT and Technology<br />

• Promoting health, safety, security and environment (HSSE),<br />

and asset integrity across the <strong>Group</strong><br />

• Coordination and development of <strong>BG</strong> <strong>Group</strong> strategy<br />

• Longer-term planning and development of technical<br />

and commercial capabilities<br />

• Managing the <strong>Group</strong>’s technical assurance processes<br />

• Optimising deployment of people across the <strong>Group</strong><br />

Brazil

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!