Shell and Equinor tie-up creates new UK oil and gas producer

By Yahoo! Finance   |   4 weeks ago
Shell and Equinor tie-up creates new UK oil and gas producer

Shell and Equinor are merging their North Sea offshore assets to create a new company in Aberdeen. With 1,300 employees, it aims to become the region's largest oil and gas producer, expecting to yield over 140,000 barrels of oil equivalent per day.

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