Equinor and Shell to form JV combining UK offshore oil and gas assets

Equinor and Shell to form JV combining UK offshore oil and gas assets

Equinor and Shell plan to merge their UK offshore oil and gas assets to create the largest independent producer in the UK North Sea. The joint venture aims to enhance production, improve cost competitiveness, and support the long-term sustainability of oil and gas fields, benefiting the UK economy.

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