Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...
Shell, Equinor to each own 50% of joint venture Will produce over 140,000 barrels of oil equivalent per day Will be biggest independent oil producer in British North Sea Output could rise to 220,000 ...