Shell and Equinor have named their joint project in the UK - Adura

With a long-standing presence in the North Sea, Equinor and Shell have collaborated closely to identify the new name, rooted in their respective heritage and focused on shaping the future of the basin in the years ahead. Adura has been created to bring together the A of Aberdeen and the DURA of 'durability'. It’s a company built on firm foundations, much like the strong granite synonymous with the city.

The creation of Adura follows the announcement in December 2024 that Equinor and Shell would be combining their UK offshore oil and gas assets and world-class expertise to form a new company.

Adura will sustain domestic oil and gas production and security of energy supply in the UK and beyond, headquartered at the Silver Fin building in Aberdeen city centre. It is planned that this year, Adura will produce approximately 140,000 barrels of oil equivalent per day, which is comparable to the production level of another major British company, Harbour Energy. However, the main goal of the project is to increase production to over 200,000 barrels per day over the next five years.

Each of the founding companies owns 50% of Adura. They work together to complement each other's strengths: Equinor provides tax benefits for the project, while Shell's larger assets provide Adura with a steady cash flow. This funding is essential for developing new fields, including the Rosebank oil project, which has been controversial due to criticism from environmental activists in the UK. The creation of Adura is expected to be completed later this year, following the receipt of all necessary regulatory approvals.