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Shell and Equinor have said they will combine their offshore oil and gas assets in the North Sea to create a new company with 1,300 employees. Based in Aberdeen, it will be the North Sea’s ...

Shell's partnership with Norway's Equinor combines strengths in the North Sea, leveraging assets like Shell’s Jackdaw gas field and Equinor’s Rosebank oil field. Jackdaw is set to come online ...

Shell, Equinor to each own 50% of joint venture Will produce over 140,000 barrels of oil equivalent per day Will be biggest independent oil producer in British North Sea Output could rise to ...

Shell and Equinor will merge their UK upstream assets into a 50/50 joint venture, creating the largest producer in the UK North Sea. The deal is the latest in the line of divestments by global ...

Equinor ASA has achieved financial close for its Empire Wind 1 offshore project, securing over $3 billion in funding. The 810 ...

Top European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down and at times ...

Norway's oil and gas investment is expected to reach a record high in 2025, despite the country's ambitious renewable energy ...

Equinor has slowed down its investments in renewable sources of energy. Rohan Bowater, energy analyst at Accela Research says ...