Shell and Equinor JV Launches UK’s Top North Sea Producer ...Middle East

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Shell and Equinor JV Launches UK’s Top North Sea Producer
source : OILPRICE ( Middle East ) () 47
Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s largest independent North Sea producer, Shell said on Monday.  Adura was launched on December 1 and will be led by Neil McCulloch as chief executive officer, bringing more than 30 years of experience in the energy sector.   “A commitment to safety, a belief in the future of the North Sea, and the combined expertise from Equinor and Shell form the foundation…

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