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Shell and Equinor to merge UK North Sea oil and gas assets

By The Guardian   |   4 weeks ago
Shell and Equinor to merge UK North Sea oil and gas assets

Shell and Equinor will merge their UK North Sea offshore assets to form the region's largest independent producer, with no job losses. The deal aims to enhance the longevity of UK oil and gas jobs and create a cost-competitive approach in a declining production environment.

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