Shell has said Britain’s oil industry is now “naturally declining” as it announced a significant overhaul of its North Sea assets. The oil and gas giant plans to combine its offshore ...

Exciting news in the energy sector! Shell and Equinor unveil Adura, their joint venture set to dominate the UK North Sea.

The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...

Shell and Equinor's newly formed UK North Sea unit will be named Adura, the companies said on Thursday. The new name reflects ...

Shell and Norway's Equinor will merge their British North Sea assets to form what is set to be the ageing basin's largest oil and gas company, the pair said on Thursday.

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO ...

Shell Plc urged a UK court not to threaten the commercial viability of a North Sea gas field by halting its development, despite acknowledging that the approval process for the project was flawed.

Zinger Key Points. Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe ...

The UK imposes stringent environmental regulations on North Sea oil and gas projects, impacting Shell and Equinor ...

U.K.-based oil and gas company Viaro Energy has unveiled plans to acquire Deltic Energy in an effort to strengthen its North ...

Shell was a North Sea pioneer, producing gas in the Leman field in 1968, three years before it discovered the Brent oilfield, which became one of the basin's most important fields and gave its ...

The name of the UK North Sea’s largest independent oil and gas producer has been revealed today, marking a major milestone in the creation of the new company.