
On 5 December 2024, Equinor and Shell agreed to combine their UK subsidiaries into a joint venture to be owned 50:50 by the two companies. The deal is effective 1 January 2025 and is expected to close by the end of 2025.

On 5 December 2024, Equinor and Shell agreed to combine their UK subsidiaries into a joint venture to be owned 50:50 by the two companies. The deal is effective 1 January 2025 and is expected to close by the end of 2025.