Bg North Sea Holdings Limited

Extraction of crude petroleum · London

ActiveUnited KingdomIncorporated 1989Private Limited Company

Financial position

Accounts to 2025-12-31 · USD · Company accounts

Net assets

USD 2,362,060,000

Cash

USD 16,000

Turnover

USD 1,044,000

Profit / loss

USD 63,192,000

Current assets

USD 612,717,000

Creditors < 1 year

USD 26,825,000

Equity

USD 2,362,060,000

Average employees

USD · company

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-12-31Company · AI-read	2024-12-31Company · AI-read
Balance sheet
Net assets	USD 2,362,060,000	USD 2,298,804,000
Equity	USD 2,362,060,000	USD 2,298,804,000
Share capital	USD 1,783,777,000	USD 1,783,777,000
Retained earnings	USD 579,387,000	USD 516,195,000
Assets
Fixed assets	USD 1,776,168,000	USD 1,801,535,000
Investments	USD 1,776,168,000	USD 1,801,535,000
Current assets	USD 612,717,000	USD 521,704,000
Cash at bank	USD 16,000	—
Debtors	USD 612,701,000	USD 521,704,000
Liabilities
Creditors within one year	USD 26,825,000	USD 24,435,000
Net current assets	USD 585,892,000	USD 497,269,000
Assets less current liabilities	USD 2,362,060,000	USD 2,298,804,000
Profit & loss
Turnover	USD 1,044,000	USD 2,208,000
Cost of sales	USD 1,184,000	USD 1,679,000
Operating profit	−USD 140,000	USD 529,000
Interest receivable	USD 20,005,000	USD 8,922,000
Interest payable	USD 103,000	USD 554,000
Profit before tax	USD 68,394,000	USD 264,740,000
Tax	USD 5,202,000	USD 1,953,000
Profit / loss	USD 63,192,000	USD 262,787,000
People & pay
Average employees	6	12
Staff costs	USD 847,000	USD 1,708,000
Wages & salaries	USD 484,000	USD 1,617,000
Social security costs	USD 24,000	USD 14,000
Pension costs	USD 98,000	USD 68,000
Source evidence	View filing	View filing

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Subsidiaries (7)

BG Exploration and Production India Limited* · 100% · Ocorian Trust (Cayman), Limited of Windward 3, Regatta Office Park, PO Box 1350, Grand Cayman, Cayman Islands
BG Egypt S.A. · 100% · Floor 4, Willow house, Cricket square, PO box 268, George town, KY1-1104, Cayman Islands
Shell Trinidad and Tobago Limited · 100% · Shell centre, London, SE1 7NA, United Kingdom of Great Britain and Northern Ireland
BG India Energy Solutions Private Limited* · 100% · 301 World Trade Tower, Barakhamba Lane, New Delhi, India
BG Mumbai Holdings Limited* · 100% · Ocorian Tower, Nexera, Lot 7, Côte d’Or Technopole, Minissy, Moka, Mauritius
BG Asia Pacific Holdings Pte. Limited · 100% · 9 North buono vista drive, The Metropolis, Singapore
BG Asia Pacific Services Pte. Ltd.* · 100% · 9 North buono vista drive, The Metropolis, Singapore

Turnover by segment (6)

Rendering of services: 1,044 (000s) (2025-12-31)
Rendering of services: 2,208 (000s) (2024-12-31)
Europe: 702 (000s) (2025-12-31)
Europe: 399 (000s) (2024-12-31)
Americas: 342 (000s) (2025-12-31)
Americas: 1,809 (000s) (2024-12-31)

Share classes (1)

Events after the year end (1)

The conflict in the Middle East has led to significant and ongoing disruption across global energy markets, creating uncertainty around supply, pricing and operational stability. Stakeholders are increasingly focused on potential impacts on people, operations, contractual performance and the availability of key products. Prolonged instability may result in regional staffing challenges, commodity shortages and heightened governmental and customer scrutiny. Additional risks include security threats, regulatory responses and increased media and analyst attention on industry earnings. Although internal conditions remain stable and no additional interventions are required at this stage, the situation continues to be closely monitored given its evolving and unpredictable nature.