Isak Bruun Torvik’s Post

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M&A Analyst | Corporate and Renewables M&A at Equinor

🛢️ 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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