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BG Group Exceeds Guidance in 4Q Ahead of Merger with Shell
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BG Group will publish its preliminary, unaudited, 2015 Fourth Quarter and Full Year results on 5 February 2016.
Helge Lund, BG Group's Chief Executive, commented: "Our excellent operational performance in 2015 is expected to deliver results in line with, or ahead of, our guidance for the year. Ramp up of both LNG trains at our QCLNG project in Australia and the start-up of our sixth FPSO in Brazil drove a strong E&P operational performance while our LNG Shipping & Marketing business delivered 282 cargoes, an increase of 58% on 2014, in difficult market conditions."
Currently, BG Group expects to report for the full year 2015: Average E&P production volumes of 704 thousand barrels of oil equivalent per day (kboed), ahead of guidance of 680-700 kboed; Upstream EBITDA of at least $4.1…- ✓ Full news archive — U.S., Canada & international coverage
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