Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...

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 ...

Equinor and Shell will merge UK offshore assets, forming the North Sea's largest independent oil and gas producer. The venture will boost UK energy security, combining expertise and targeting 140K+ ...

Shell and Equinor's 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 ...