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The merger of Shell UK and Equinor's North Sea assets, while unexpected, is no shock. As global energy security remains volatile and some companies exit the North Sea, consolidation offers clear ...

Shell has said Britain’s oil industry is now “naturally declining” as it announced a significant overhaul of its North Sea assets. The oil and gas giant plans to combine its offshore ...

allowing it to extract the most from the declining North Sea basin, a Shell source told Upstream on Thursday. The UK entities of supermajor Shell and Norwegian energy major Equinor announced plans ...

The new joint venture will focus on extending the life of key North Sea oil and gas fields and platforms. It will include Equinor's assets in Mariner, Rosebank, and Buzzard, alongside Shell's ...

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Shell and Equinor have announced plans to merge their offshore oil and gas assets in the North Sea, forming a new company with 1,300 employees. The Aberdeen-based firm will be the largest oil and ...

Shell Plc urged a UK court not to threaten the commercial viability of a North Sea gas field by halting its development, despite acknowledging that the approval process for the project was flawed.

The energy firms said the offshore deal - which is subject to regulatory approval - would see the creation of the North Sea's biggest oil and gas producer. Shell said there would not be any job ...