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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 ...