Royal Dutch Shell is making a smart move in its $70 billion acquisition of BG Group. Copies of this Report also may be obtained, free of charge, by mail. BG Group . On Wednesday, Royal Dutch Shell agreed to buy the BG Group for $70 billion. All of the SEC filings made electronically by Shell are available to the public on the SEC website at www.SEC.gov (commission file number 001–32575). On Monday, speaking from Brazil, Shell Chief Executive Ben van Beurden said it was a “momentous day” and that the combined company will be “more attractive for shareholders,” “more resilient” to fluctuating oil prices and “more predictable” for investors. Royal Dutch Shell Plc won shareholder approval to buy BG Group Plc, sealing its biggest acquisition amid the worst oil-industry slump since the global financial crisis. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. Shell New Energies has continued its spending spree this week, with the acquisition of UK-based energy technology company Limejump. Shell is not incorporating by reference any information posted on www.shell.com or in the Shell Sustainability Report. nexxar - digital reporting evolved - Online Report. Select a note. Shell-BG Group Acquisition Complete, As Energy Giant Focuses On Liquefied Natural Gas. Cross references to Form 20-F are set out on pages 02–03 of this Report. The prize for Mr. van Beurden is significant. However, the term “Shell share” is used for convenience to refer to the volumes of hydrocarbons that are produced, processed or sold through subsidiaries, joint ventures and associates. Shell Shareholders Approve Acquisition of BG Group By STANLEY REED: JAN. 27, 2016. The Royal Dutch Shell plc Annual Report and Form 20-F (this Report) serves as the Annual Report and Accounts in accordance with UK requirements and as the Annual Report on Form 20-F as filed with the US Securities and Exchange Commission (SEC) for the year ended December 31, 2015, for Royal Dutch Shell plc (the Company) and its subsidiaries (collectively referred to as Shell). In all cases, royalty payments in kind are deducted from the Shell share. Royal Dutch Shell says it has agreed to buy oil and gas exploration firm BG Group in a deal that values the business at £47bn. Impact of BG acquisition on Shell’s leverage Shell had high cash levels in 4Q15 in order to fund the cash portion of its BG acquisition deal. Neither the Company nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. 26 April 2017 update. The job cuts, set to affect about 3 per cent of the energy giant’s global workforce, are in addition to the 7,500 staff and contractor positions Shell had said previously it would axe. The Consolidated Financial Statements comprise the financial statements of the Company and its subsidiaries. “Subsidiaries” and “Shell subsidiaries” refer to those entities over which the Company has control, either directly or indirectly. We have acquired productive oil and gas projects across countries including Brazil and Australia and will be able to shape a simpler, leaner company. https://www.wsj.com/articles/shell-completes-buy-of-bg-group-1455541779 RIO DE JANEIRO-- Royal Dutch Shell PLC on Monday completed its roughly $50 billion acquisition of BG Group PLC, giving the Ango-Dutch oil company a dominant footprint offshore Brazil- … Shell’s agreed purchased of BG Group (not to be confused with British Gas, owned by the utility company Centrica), is important for all UK pension savers. Открийте горивата на Shell за Вашия автомобил, промоции и намерете бензиностанциите в България Readers should not place undue reliance on forward-looking statements. O n February 15, 2016, the Company acquired all the voting rights in BG Group plc by means of a Scheme of Arrangement under Part 26 of the Act, via the issuance of 218.7 million A shares and 1,305.1 million B shares with a fair value of $34,050 million and cash payments of $19,036 million in exchange for all BG Group plc shares. All forward-looking statements contained in this Report are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. View all 11 acquisitions from this search. That Mr. van Beurden chose Brazil as the location in which to make his first remarks at the helm of the combined company highlights the importance of the country’s oil and gas market. Shell completes acquisition of BG Group February 15, 2016 Anglo/Dutch oil giant Shell has completed the acquisition of BG Group, after the scheme sanctioned by the court last week became effective on Monday, February 15, 2016. This Report presents the Consolidated Financial Statements of Shell (pages 115–152), the Parent Company Financial Statements of Shell (pages 173–181) and the Financial Statements of the Royal Dutch Shell Dividend Access Trust (pages 173–181). Shell announced the successful completion of the merger after delivering the court order to … These web pages give information and data taken from the Royal Dutch Shell plc Annual Report and Form 20-F 2015. The materials available on this page were either published by BG Group plc prior to the acquisition, or relate to the results and conduct of BG prior to the acquisition. Shell’s gearing – the amount of debt it has as a proportion of its capital base – shot up from 14% to 26%. These references are for the readers’ convenience only. In the case of joint ventures and associates, however, Shell-share figures are limited only to Shell’s entitlement. These forward-looking statements are identified by their use of terms and phrases such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “goals”, “intend”, “may”, “objectives”, “outlook”, “plan”, “probably”, “project”, “risks”, “schedule”, “seek”, “should”, “target”, “will” and similar terms and phrases. 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The deal will gain Shell access to the most exciting deepwater oil projects in the world, in Brazil. As used herein all references to “dollars” or “$” are to the US currency. “Shell’s acquisition of BG is big on Asian gas because it [east Africa and Australia] fits its portfolio. On February 15, 2016, the Company acquired all the voting rights in BG Group plc (BG) by means of a Scheme of Arrangement under Part 26 of the Act for a purchase consideration of $54,034 million. It is the first major deal for an oil and gas producer since prices started falling last summer. BG Group agrees to £47bn takeover by Royal Dutch Shell in oil mega-merger Express KCS Oil giant Royal Dutch Shell has announced a takeover of BG Group, in a deal valuing gas producer BG … They do not constitute the official version of the document filed with relevant authorities. Oil giant Royal Dutch Shell has agreed to buy BG Group for about $70 billion in a deal that would create the world’s largest independent producer of liquefied natural gas. %n one transacon, as the company explained, it would increase its proved oil and gas reserves by 25% and its producon by 20%, while also moving its producon meaningfully down the cost curve and changing its growth pro˘le. Financial reporting terms used in this Report are in accordance with International Financial Reporting Standards (IFRS). Each forward-looking statement speaks only as of the date of this Report. All of a subsidiary’s production, processing or sales volumes (including the share of joint operations) are included in the Shell share, even if Shell owns less than 100% of the subsidiary. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this Report. Prior to the takeover, BG Group was listed on the London Stock Exchange (BG.L) and was a constituent of the FTSE 100 Index. BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. Documents concerning the Company, or its predecessors for reporting purposes, which are referred to in this Report have been filed with the SEC and may be examined and copied at the public reference facility maintained by the SEC at 100 F Street, N.E., Room 1580, Washington, DC 20549, USA. On February 15, 2016, Royal Dutch Shell plc and British energy giant BG Group plc became one combined group of companies—the outcome of an M&A deal that had been in the works since before the combination was first announced, on April 8, 2015. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interests. It does not mean that Asian gas would also be the focus for the other large companies. In a presentation to shareholders regarding the acquisition of BG, Shell detailed that the combined 5 reserves of Shell and BG, as a result of the deal, would be able to yield close to 50 million tonnes of natural gas per annum (mtpa) come 2018, the highest projected figure in the industry (‘Recommended Combination with BG Group’, 2015: 11). In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public c… Shell (également appelée Royal Dutch Petroleum, Royal Dutch / Shell, Royal Dutch Shell, Koninklijke Nederlandse Shell N.V, ou encore Shell Oila en Amérique du Nord) est une compagnie pétrolière anglo-néerlandaise, l'une des plus importantes sociétés multinationales. The transaction is one of the largest in the energy industry’s history. This Report contains references to Shell’s website and to the Shell Sustainability Report. With hindsight, the timing of Royal Dutch Shell’s acquisition of BG Group couldn’t have come at a worse time. On April 8, 2015, Royal Dutch Shell announced it would buy BG Group for approximately $70 billion in cash and stock, a 50% premium to the previous day’s closing price. Information in this Report in respect of Shell’s performance in 2015 and position at December 31, 2015, excludes the activities of BG Group plc, which was acquired on February 15, 2016. ... More from the FT Group. On 15 February 2016, the entire issued and to be issued share capital of BG Group plc was acquired by Royal Dutch Shell plc. RIO DE JANEIRO—Royal Dutch Shell PLC on Monday completed its roughly $50 billion acquisition of BG Group PLC, giving the Anglo-Dutch oil company a dominant footprint offshore Brazil—one of the most prized oil plays in the world, but one that presents a number of challenges. The two firms say they have reached agreement on a cash and … LONDON — In one of the first major deals struck as oil prices plummeted, Royal Dutch Shell shareholders on Wednesday approved the acquisition of the BG Group, the Britain-based oil and gas producer, for about $50 billion.. Analysts had expected major oil companies like Shell and ExxonMobil to take … For further information on the operation of the public reference room and the copy charges, call the SEC at 1–800-SEC-0330. Back in early 2015, when the deal was announced, oil and energy prices were already on the way down, but not many foresaw the prospect of oil prices heading all the way down to roughly $27 a barrel in early 2016. “Joint ventures” and “joint operations” are collectively referred to as “joint arrangements”. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. In addition to the term “Shell”, in this Report “we”, “us” and “our” are also used to refer to the Company and its subsidiaries in general or to those who work for them. Royal Dutch Shell is now the world's second largest energy company after completing its $53 billion acquisition of British giant BG Group. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The entire issued ordinary share capital of BG Group is now owned by Shell. Also see “Risk factors” for additional risks and further discussion. The financial statements contained in this Report have been prepared in accordance with the provisions of the Companies Act 2006 and with IFRS as adopted by the European Union. Some 2,800 workers will be made redundant as Shell’s planned acquisition of the oil and gas company BG Group receives the green light from China. By Jess McHugh @McHughJess 02/15/16 AT 12:41 PM. This combination brings together two world-class portfolios creating a more competitive company. IFRS as defined above includes interpretations issued by the IFRS Interpretations Committee. This Report is also available, free of charge, at www.shell.com/annualreport or at the offices of Shell in The Hague, the Netherlands and London, United Kingdom. As applied to the financial statements, there are no material differences from IFRS as issued by the International Accounting Standards Board (IASB); therefore, the financial statements have been prepared in accordance with IFRS as issued by the IASB. The sale was completed on 15 February 2016. Except as otherwise specified, the figures shown in the tables in this Report are in respect of subsidiaries only, without deduction of any non-controlling interest. BG Group acquired by Royal Dutch Shell . Royal Dutch Shell . Shell buys BG: what does it mean ... That gain is calculated by applying the cash proportion of the acquisition price to the original cost of the shares. Except as otherwise noted, the figures shown in this Report are stated in US dollars. The acquisition of U.K.-based BG will bolster Shell’s already significant position in the fast-growing liquefied-natural-gas market and turn it into the largest foreign oil company in Brazil. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. BG Group shareholders are scheduled to vote on the merger, ... assuming it manages the BG acquisition astutely, Shell will come out ahead even if prices do not rebound as Shell expects. Shell's … It is the culmination of nearly a year of painstaking deal-making that sent Shell executives flying around the world to convince investors of the viability of the acquisition amid a persistent slump in oil prices. The companies in which Royal Dutch Shell plc has a direct or indirect interest are separate entities. These terms are also used where no useful purpose is served by identifying the particular entity or entities. This Report contains forward-looking statements (within the meaning of the US Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. The deal comes hot on the heels of Shell agreeing to buy German battery company sonnen.. Limejump is a digital energy platform operating in … Apr 8, 2015. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively, and entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. From February 15, BG Group is part of Royal Dutch Shell. Shell agrees to buy BG Group for £47bn One of the largest takeovers in oil sector for 20 years comes after fall in crude prices, as gas group’s CEO looks set to receive £25m in exit pay deal Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.