Loading...
Loading...
Browse all stories on DeepNewz
VisitLargest stakeholder in Shell and Equinor JV by end of 2025?
Shell • 25%
Equinor • 25%
A new partner • 25%
Equal ownership • 25%
Official ownership and financial disclosures from the joint venture
Shell and Equinor Form 50-50 UK North Sea Joint Venture to Create Largest Independent Oil and Gas Producer
Dec 5, 2024, 07:51 AM
Shell Plc and Equinor ASA are combining their UK offshore oil and gas assets into a new 50%-50% joint venture, forming the largest independent oil and gas producer in the UK North Sea. The joint venture aims to bolster domestic production and ensure energy security in the UK and is expected to produce approximately 140,000 barrels of oil equivalent per day in 2025.
View original story
Current leadership remains • 25%
External CEO appointed • 25%
New CEO appointed from Equinor • 25%
New CEO appointed from Shell • 25%
Acquisition of large assets • 25%
Acquisition of small assets • 25%
No acquisitions • 25%
Acquisition of medium assets • 25%
Yes • 50%
No • 50%
TotalEnergies • 25%
BP • 25%
Other • 25%
Shell • 25%
ExxonMobil • 25%
NNPC • 25%
Eni • 25%
TotalEnergies • 25%
Less than 120,000 barrels per day • 25%
More than 160,000 barrels per day • 25%
140,000 to 160,000 barrels per day • 25%
120,000 to 140,000 barrels per day • 25%
OMV Petrom • 25%
Romgaz • 25%
A new stakeholder • 25%
Joint control (OMV Petrom and Romgaz) • 25%
Yes • 50%
No • 50%
United Kingdom • 25%
United States • 25%
Germany • 25%
Other • 25%
Current majority stakeholder • 25%
Switch • 25%
New investor • 25%
No majority stakeholder • 25%
Northern North Sea • 25%
West of Shetland • 25%
Southern North Sea • 25%
Central North Sea • 25%