Shell, Equinor announce joint venture to become Britain's largest independent oil, gas venture

Petrol

Dec. 5 (UPI) -- Petroleum giant Shell announced a plan to create a jointly owned energy company with Norway's Equinor on Thursday to build Britain's largest independent oil and gas venture. The new joint company, which will be headquartered in Aberdeen, Scotland, will offer Shell's offshore oil and gas assets to sustain fossil fuel products and energy security for Britain, officials said . Advertisement Shell said it hopes the joint venture, which is expected to produce more than 140,000

Tag-uri: Petrol

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