Shell officially takeover BG Group

Shell have officially taken over oil firm BG Group.

Published 15th Feb 2016

Shell have officially taken over oil firm BG Group.

The deal, which is expected to be worth $68 billion, comes into force as of today.

The company says they will focus on deep water and liquefied natural gas.

In a statement, the firm said: "This follows the Court’s sanction of the Scheme at a hearing held on February 11, 2016 and the delivery of the Court Order to the Registrar of Companies today."