Main Business Activities
- Upstream and Integrated Gas
- Other support activities
Shell acquired BG Group in 2016 and with it the BG Honduras (BGH) branch, which was registered in 2013. The branch conducted exploration in 2014-2016, but the project never reached the extraction phase. In 2017, the branch transferred its operating contract to a third party, AziPetrol Honduras S.A. and CaribX (UK) Ltd..
Country Financial Analysis
Most of the profit before tax figure relates to foreign exchange movements. The tax on this gain is payable in 2019 and is therefore not reflected in the 2018 data in the table above.