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 in estimated recoverable ...

COPENHAGEN/LONDON/OSLO (Reuters) -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 ...

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 ...

UK North Sea oil and gas endured its toughest year in decades in 2025, with investment pulled back sharply and offshore ...

Shell (NYSE:SHEL) said Tuesday it has started production from the Victory gas field in the North Sea's U.K. West of Shetland area, which at peak production of 150 million cf/day can heat nearly ...

With the U.K. government clamping down on production from the North Sea, Shell and Equinor on Thursday said they would merge their oil and gas operations. The two companies say they will equally own ...

LONDON (AP) - Royal Dutch Shell struggled to contain the worst North Sea oil spill in a decade as well as damage to its credibility Tuesday as a second leak was found in an oil line the company had ...

Viaro Energy is acquiring a full ownership interest in the United Kingdom Southern North Sea assets of Shell plc and ExxonMobil Corporation. Viaro’s main operating subsidiary RockRose Energy Limited ...

Shell (NYSE:SHEL) and Greenpeace said Tuesday they reached a settlement in a lawsuit brought against the environmental group after protesters boarded a Shell oil production vessel in the U.K. North ...

Royal Dutch Shell is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion, banking sources said, marking a milestone in its drive to ...