The company’s stock took a beating last week after it warned of lower-than-expected production next year mainly due to issues at Brazilian and Egyptian plays.

However, shares began to nudge up slightly on Monday morning after BG revealed it had inked a new five-year syndicated committed facility.

This replaces its previous $2.3 billion facility but is in addition to a $2.2 billion five-year bilateral loan agreed last year, taking the amount of undrawn loans to $5.2 billion.

The latest facility was coordinated by Bank of America Merrill Lynch and HSBC and includes “a diversified group of international banks”.

Shares were only up a fraction on the news but BG will be looking to claw back some of last week’s losses as shares slumped despite a third-quarter profit rise and a huge LNG asset sale in Australia.