Shell and Equinor to combine forces in North Sea [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
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. More stories from North East Scotland, Orkney and Shetland Listen to news from North East Scotland on BBC Sounds Shell predicted the move could "enhance" the longevity of UK oil and gas jobs. It employs about 1,000 people in oil and gas roles in the UK, while Equinor employs about 300 people in similar jobs. Zoe Yujnovich, director of Shell's integrated gas and upstream business, said anyone who spent a majority of their time working on Shell and Equinor's North Sea assets - such as oil rigs - would transfer to the new company. She said the deal could result in a "growing and more prosperous" combination, adding: "From an employee point of view, I think that that can really enhance diversity of career choices, but
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EQNR
News
- Equinor ASA (NYSE: EQNR) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
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EQNR
Earnings
- 10/24/24 - Beat
EQNR
Sec Filings
- 12/17/24 - Form 6-K
- 12/13/24 - Form 6-K
- 12/12/24 - Form 6-K
- EQNR's page on the SEC website