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19-508: Originally incorporated on the 16 July 1997 as a private company limited by guarantee (Company Number 3404062), its two prime objectives as set out in its Memorandum and Articles of Association are: It has the standard Charitable Trust powers, enabling the Trust to: Sir Denis Rooke former Chairman of British Gas was a trustee until his death on 2 September 2008. After closure of the London museum ,

38-519: A consortium to search for, and produce, offshore gas. At the same time, it was responsible for buying gas produced by other companies. The companies insisted on a market value approach to prices whereas the Gas Council purchased, more cheaply, gas priced on cost. The incoming Conservative government in 1979 wished to reform the nationalised industries. The government insisted that British Gas divest itself of oil exploration and production interests. This

57-448: A constituent of the FTSE 100 Index . In the 2015 Forbes Global 2000 , BG Group was ranked as the 583rd largest public company in the world. Prior to its acquisition by Shell, BG Group had operations in 25 countries across six continents and produced around 680,000 barrels of oil equivalent per day. It had a major liquefied natural gas (LNG) business and was the largest supplier of LNG to

76-543: A postgraduate diploma in chemical engineering at University College which he was awarded in 1949. He married Elizabeth Brenda Evans (1922-2017?) on 22 January 1949 in Deptford, London.She was an investigator providing research services, and they had a daughter, Diana. From 1949, he worked in the gas industry, first on coal tar by-products at the South Metropolitan Gas works where he was appointed deputy manager of

95-542: A £1,944,000 bonus. Chapman stood down at the end of 2012 after 12 years as CEO , and was replaced by Chris Finlayson , previously managing director for 'BG Advance', a business function within the Group. Chapman continued as an advisor to BG Group until he retired in June 2013. Finlayson lost the confidence of the Board in 2014 and resigned, replaced by Andrew Gould. On 15 October 2014,

114-532: The UK), Advantica (gas engineering and consultancy specialist) along with the property and transport companies and BG Group took ownership of gas fields and other assets. In 2002, Lattice merged with National Grid Company to become National Grid Transco which was renamed National Grid in 2005. In September 2007, BG Group delisted its ADRs from the New York Stock Exchange . Instead its shares began trading on

133-680: The US over-the-counter market. In June 2008, BG Group made a US$ 13.1 billion bid to acquire Origin Energy , Australia's largest coal-seam gas producer, but were outmanoeuvred by ConocoPhillips , who offered to invest US$ 9.1 billion in a joint venture with Origin. However, in October 2008, BG Group bought Queensland Curtis LNG for US$ 3.4bn in order to operate in Asia's liquefied natural gas market, and on 1 November 2010, BG Group announced plans to invest £9.3bn on

152-642: The United States. In October 2012, BG sold its 65% majority stake in Gujarat Gas Company for $ 470 million to the state-run Gujarat State Petroleum Corporation . In January 2014, BG Group announced the initial drilling of an oil exploration well offshore in Kenya . In 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 deal gave BG shareholders 19% of

171-457: The United States. As at 31 December 2009, it had total proven commercial reserves of 2.6 billion barrels (410,000,000 m ) of oil equivalent. The company was created in 1997 when British Gas plc divested Centrica and became BG plc , which was reorganised in 1999 as BG Group plc. On 23 October 2000, a further demerger separated the company into Lattice Group and BG Group. Lattice took ownership of Transco (the gas transporter for

190-545: The combined group, and gave Shell extensive access to BG's LNG assets, accelerating its global LNG and deep water strategy. Finalisation of the BG acquisition by Royal Dutch Shell was completed on 15 February 2016. BG Group's main business was the exploration and extraction of natural gas and oil and the production of liquefied natural gas . It sold these products to wholesale customers such as retail gas suppliers and electricity generating companies. It also owned some gas pipelines and

209-584: The entire collection was moved to the Gas Museum in Aylestone Road , Leicester. Some of collection is now on display there, and after a grant from the Heritage Lottery Fund , the entire collection has been catalogued. Denis Rooke Sir Denis Eric Rooke OM CBE FRS FREng (2 April 1924 – 2 September 2008) was an English industrialist and engineer. Denis Eric Rooke

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228-457: The member for production and supplies, with responsibility for developing gas fields. His greatest achievement was to help to bring natural gas from the North Sea to domestic, commercial and industrial premises across Britain. This entailed the conversion of all gas appliance and the construction of a network of high pressure pipelines. He claimed this was "perhaps the biggest peacetime operation in

247-555: The nation's history". He became deputy chairman of the Gas Council in 1972 and, along with the chairman, Sir Henry Jones, and Sir Arthur Hetherington , he was responsible for combining the Gas Council and 12 separate gas boards into the British Gas Corporation in 1973. Rooke was appointed chairman of the British Gas Corporation in 1976. He was involved in several controversies. The Gas Council had formed

266-571: The tar works in 1954. He was seconded to North Thames Gas in 1957 to work on reforming processes for producing town gas from natural gas and oil. He also worked on liquefied natural gas (LNG), pioneering the sea transport of LNG. He was aboard the ship, the Methane Pioneer , making the first delivery to Canvey Island of LNG to the UK in 1959. Rooke joined the board of the Gas Council in 1966 as

285-456: The world's first project to liquefy and ship gas produced from coal deposits – the first in a series of " coal seam methane " projects in the region of eastern Australia; by late 2014, this was sending gas produced from coal deposits by pipeline to a terminal in Gladstone on the east coast. In October 2011, BG Group signed a US$ 8 billion deal with Cheniere Energy to export liquefied natural gas from

304-512: Was a British multinational oil and gas company headquartered in Reading , United Kingdom. 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 sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange ( BG.L ) and was

323-447: Was achieved through the establishment of Enterprise Oil . In 1986, British Gas was floated on the stock market; Rooke had insisted that British Gas should be privatised as an integrated entity. However, it was soon divided into three parts: Centrica , BG Group and Lattice. Rooke remained chairman until he retired in 1989. Denis Rooke died of cancer on 2 September 2008. Lady Rooke died in 2017. BG Group BG Group plc

342-581: Was born in New Cross , London , the younger son of Frederick George Rooke, a printer and travelling salesman, and his wife Ada Emily née Brown. He attended Westminster City School and Addey and Stanhope School before studying mechanical engineering at University College London , taking a first-class degree in 1944. He then served in REME in Britain and India until 1949, attaining the rank of major. He studied for

361-455: Was involved in some power generation projects. It was active around the world, with only a minority of its business being in the UK. BG Group was a multinational company with operations in 27 countries. Key areas for the company included: Sir Frank Chapman was appointed Chief Executive of the BG Group in October 2000. His remuneration for this role in 2008 consisted of £1,081,588 base salary and

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