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Shell and Equinor to create Britain's largest independent oil and gas company in joint venture

  • Shell and Equinor announced plans to create a jointly owned energy company, combining their British offshore oil and gas assets.
  • The joint venture aims to become the U.K. North Sea's largest independent producer.
  • The deal, which requires regulatory approval, will establish a 50-50 joint venture in Aberdeen, Scotland.
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ShellShell
EuropeEurope
BusinessBusiness
European EconomyEuropean Economy
EquinorEquinor
Oil and Gas SectorOil and Gas Sector
UK EconomyUK Economy
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