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Shell and Equinor plan to combine forces in North Sea

Source: BBC

Shell and Equinor have announced they plan to form a new company by combining their oil and gas assets in the North Sea.The energy firms said the offshore deal - which is subject to regulatory approval - would see the creation of the North Sea's biggest oil and gas producer.Shell said there would not be any job losses as a result.The new company would be based in Aberdeen.Shell predicted the move could "enhance"…

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Read the original source at BBC