🛢️ Equinor and Shell create the largest independent O&G company in the UK! In my view, joining forces to continue developing the North Sea for many years to come will... 1. Ensure reliable, high-density energy to be produced within Europe's borders. With high geopolitical uncertainty, this becomes increasingly important for a safe Europe. 2. Contribute to supplying the high demand for gas Europe will have for many years to come. This decreases the reliance on LNG, which can be expensive and sensitive to short-term supply chain price hikes. 3. Push operating costs down, which will be increasingly important over time, as the reservoirs become more marginal. Equinor will benefit from increased short-term production and cash flow. The more balanced ownership structure of the assets also contributes to reduced overall risk exposure. Read more: https://lnkd.in/dViNBW35 #oil #gas #NorthSea #Equinor #Shell
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Equinor, Shell Announce UK Combination In separate statements published on their respective websites on Thursday, Equinor and Shell announced that Equinor UK Ltd, a subsidiary of Equinor ASA, and Shell U.K. Limited, a subsidiary of Shell plc will “combine their UK offshore oil and gas assets and expertise to form a new company”. Read More: https://lnkd.in/gXFf3smw 🔽 Find more info in comments below 🔽 #Equinor #Shell #OffshoreOilandGas #UK #OilandGasNews #OilandGasJobs ⤵️ Click Follow on our page to keep up to date with energy news ⤵️
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Shell UK and Equinor UK have agreed to combine their UK offshore oil and gas interests to form a new company. https://lnkd.in/dUnzAQmM #AllianceOne, #DrillingEquipment, #RigEquipment, #Upstream, #Oil, #Gas, #Drilling, #Service, #ServiceEngineer, #WhatSurplust, #OilField, #DrawWorks, #FEED, #Engineering, #InventoryManagement, #InventoryAssessment
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Shell and Equinor to merge British offshore oil and gas assets into a new JV - Shell Foundation #Energy #News #Strategic #NYSE #Grafa
Shell and Equinor to merge British offshore oil and gas assets into a new JV
grafa.com
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🇬🇧 🇳🇴 Equinor and Shell to create the UK’s largest independent oil and gas company Equinor UK, a subsidiary of Equinor ASA and Shell UK Limited, a subsidiary of Shell are to combine their UK offshore oil & gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer. The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK. Source ➡️ https://lnkd.in/gNvfHrau #Shell #Equinor #northsea
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Shell and Equinor have announced they plan to form a new company by combining their oil and gas assets in the North Sea. The energy firms said the offshore deal would see the creation of the North Sea's biggest oil and gas producer. The new company would be based in Aberdeen. https://lnkd.in/eaRzFD3k #northsea #oil
Shell and Equinor plan to combine forces in North Sea
bbc.co.uk
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Announced this morning, Equinor and Shell are to combine their UK offshore oil & gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer. KeyFacts Energy provide full details of this new venture... News post: https://lnkd.in/eusgwkGF
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Oil major Shell and Norway’s Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company. ➡️ The joint venture will be established in Aberdeen, Scotland in an effort to sustain fossil fuel production and the security of energy supply in the U.K. ➡️ The companies plan to complete the deal by the end of next year, subject to approvals. At that time, the incorporated company is set to become the U.K. North Sea’s largest independent producer, Shell said. Read Sam Meredith's report here: cnb.cx/4gncHjc
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Equinor and Shell to join forces in the North Sea Equinor and Shell have announced plans to merge their UK North Sea oil and gas assets into a new, equally owned company based in Aberdeen, aiming to bolster domestic energy production and security. Further details below -
Equinor and Shell to join forces in the North Sea
https://scottishbusinesssummary.co.uk
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After ExxonMobil, Shell and TotalEnergies shake hands with BOTAŞ on 10-year LNG deals fueling Türkiye’s regional gas hub aspirations 🚨 Major Milestone in Türkiye's Energy Ambitions! ExxonMobil, Shell, and TotalEnergies have just inked 10-year LNG deals with BOTAŞ, marking a pivotal step in Türkiye’s journey to becoming a regional natural gas hub. 🌍💼 With these strategic partnerships, Türkiye is cementing its role as a key player in the global LNG market, positioning itself as a vital energy corridor between suppliers and Europe. This move also reinforces energy security for the region, particularly as Europe works to reduce its dependency on Russian gas. These agreements are not just about energy—they're about infrastructure growth, international cooperation, and long-term stability. Türkiye’s rise as an energy hub is set to reshape the landscape for global energy flows. 🌿 #EnergySecurity | #LNGDeals | #TurkeyEnergyHub | #GlobalEnergyMarket | #SustainableGrowth Let’s keep an eye on Türkiye's future role in powering the region and beyond! ⚡
After ExxonMobil, Shell and TotalEnergies shake hands with BOTAŞ on 10-year LNG deals fueling Türkiye’s regional gas hub aspirations
https://www.offshore-energy.biz
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Shell and Equinor form largest UK independent oil and gas company: Equinor UK and Shell UK are combining their UK offshore oil and gas assets under a new 50:50 joint venture company. #gasworld #industrialgas
Shell and Equinor form largest UK independent oil and gas company
gasworld.com
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