**DEFINITION:**
BG Group was a British multinational oil and gas company specializing in exploration and production, primarily operating in natural gas. It was acquired by Royal Dutch Shell in 2016.
**BG Group**
BG Group plc was a leading British oil and gas company focused on the exploration, development, and production of natural gas and oil. Founded in 1997 as a spin-off from British Gas, BG Group expanded its operations globally, with significant assets in Brazil, Australia, and Trinidad and Tobago. The company was known for its expertise in liquefied natural gas (LNG) and offshore exploration. In 2016, BG Group was acquired by Royal Dutch Shell, marking one of the largest energy sector mergers of the time.
### History
BG Group originated from British Gas plc’s exploration and production division, becoming an independent entity in 1997. Over the years, it grew through acquisitions and strategic projects, particularly in LNG and deepwater oil fields.
### Operations
The company’s operations spanned multiple continents, focusing on natural gas production and LNG facilities. BG Group played a significant role in developing major gas fields and infrastructure, contributing to global energy supply.
### Acquisition by Shell
In 2015, Royal Dutch Shell announced its intention to acquire BG Group, completing the transaction in 2016. This acquisition enhanced Shell’s position in the global energy market, especially in LNG and deepwater assets.
**META_DESCRIPTION:**
BG Group was a British oil and gas company specializing in natural gas exploration and production, acquired by Royal Dutch Shell in 2016. It was known for its global LNG operations and offshore projects.