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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.
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No acquisitions • 25%
Acquisition of small assets • 25%
Acquisition of medium assets • 25%
Acquisition of large assets • 25%
Current leadership remains • 25%
New CEO appointed from Shell • 25%
New CEO appointed from Equinor • 25%
External CEO appointed • 25%
Less than 120,000 barrels per day • 25%
120,000 to 140,000 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%
Top 3 in the sector • 25%
Top 5 in the sector • 25%
Top 10 in the sector • 25%
Not in top 10 • 25%
Exploration and production • 25%
Renewable energy projects • 25%
Infrastructure development • 25%
Other • 25%
Solar Energy • 25%
Wind Energy • 25%
Ethanol and Biofuels • 25%
Other • 25%
Renewable energy • 25%
U.S. shale oil • 25%
International deepwater projects • 25%
Other • 25%
$20-$22 billion • 25%
$22-$24 billion • 25%
$24-$26 billion • 25%
Above $26 billion • 25%