Market
Primary focus of Shell and Equinor JV investments in 2025?
2
Resolution / Starting Odds
Oil production • 25%
Gas production • 25%
Renewable energy projects • 25%
Infrastructure development • 25%
Official financial and strategic reports from the joint venture
Story
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
Similar markets
No acquisitions • 25%
Acquisition of large assets • 25%
Acquisition of medium assets • 25%
Acquisition of small assets • 25%
Current leadership remains • 25%
External CEO appointed • 25%
New CEO appointed from Equinor • 25%
New CEO appointed from Shell • 25%
120,000 to 140,000 barrels per day • 25%
Less than 120,000 barrels per day • 25%
140,000 to 160,000 barrels per day • 25%
More than 160,000 barrels per day • 25%
Yes • 50%
No • 50%
Other • 25%
TotalEnergies • 25%
Shell • 25%
BP • 25%
No • 50%
Yes • 50%
Germany • 25%
United States • 25%
United Kingdom • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia-Pacific • 25%
Other • 25%
Project in Asia-Pacific • 25%
Project in Europe • 25%
Project in North America • 25%
No major project announced • 25%
