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Equinor

Equinor says the company will be based in Aberdeen, Scotland, and will be set up to sustain domestic oil and gas production and security of energy supply in Britain.

Energy & Commodities

Equinor, Shell to form UK oil and gas joint venture

The new company is expected to produce over 140,000 barrels of oil equivalent per day in 2025

The deal gives Equinor a nearly 10 per cent stake in Orsted, making it the second largest shareholder after the Danish government.

Energy & Commodities

Equinor buys US$2.5 billion stake in Danish wind giant Orsted

The deal with Equinor marks one of the most prominent endorsements of the beleaguered offshore wind industry in years

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