Shell, Equinor Creating UK Oil Giant As Sea Basin Matures

By Al Barbarino ( December 6, 2024, 5:01 PM EST) -- Shell UK Ltd. and Equinor UK Ltd. are joining forces to create what they said will be the largest independent oil and gas company in the U. K. , citing declining production in the "once-prolific basin" of the North Sea as the impetus for the 50-50 joint venture.  . . .

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