Palestinian Territories

0 Employees

Third-Party Revenues
Related-party revenues
Total Revenues
Profit Before Tax
Tax Paid
Tax Accrued
Tangible Assets
Stated Capital

not available at the time of publication

Accumulated Earnings

Main Business Activity

  • No activities

Shell acquired BG Great Britain Ltd. (BGGB) through its acquisition of BG Group in 2016. BGGB is a UK-registered entity with a branch in the Palestinian Territories which held the Gaza Marine exploration licence. In 2017, Shell decided to divest its interest in the Gaza Marine licence and de-register the branch of BGGB in the Palestinian Territories. The sale of the interest was completed in 2018. Shell received no proceeds for this sale because the payment of any proceeds is contingent upon production start-up, which is uncertain. The deregistration of the branch in the Palestinian Territories is ongoing.

Financial Analysis

Shell reported a small loss in the Palestinian Territories due to the administrative costs of the branch.