Shell and Equinor JV Launches UK’s Top North Sea Producer
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Shell and Equinor have launched a 50/50 joint venture, Adura, which will be the UK's largest independent North Sea producer, marking a significant milestone in the region's oil and gas operations.
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Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s largest independent North Sea producer, Shell said on Monday. Adura was launched on December 1 and will be led by Neil McCulloch as chief executive officer, bringing more than 30 years of experience in the energy sector. “A commitment to safety, a belief in the future of the North Sea, and the combined expertise from Equinor and Shell form the foundation…
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المقال الأصلي منشور بواسطة OilPrice.com في ديسمبر 1, 2025. التحليل والرؤى المقدمة من AnalystMarkets AI.