Equinor and Shell made the joint announcement to staff this afternoon – with Adura chosen as the bold new presence for their incorporated joint venture (IJV).
With a long-standing presence in the North Sea, the two companies 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 duraof 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.
Aberdeen, the UK’s energy capital and a major centre of global engineering and supply chain excellence, is at the heart of operations and central to the name of Adura, alongside an enduring commitment to the future of energy from the North Sea.
Work continues towards securing regulatory approvals, with launch of the IJV expected by the end of this year.
Camilla Salthe, Senior Vice President Equinor UK Upstream, said:
“We are so pleased to have reached this major milestone in the creation of the new company with Shell. For us, the name Adura represents the very heart of this company and speaks to its people and place within the energy community anchored in Aberdeen, alongside its longevity and commitment to the North Sea.”
Simon Roddy, Senior Vice President Shell UK Upstream, said:
“Adura takes an exciting step forward today as we unveil its new name – rooted in a proud history in the North Sea and looking forward with confidence to delivering secure energy for the UK for many years to come.When Adura launches later this year it will become the UK’s largest independent producer. Through combining assets and expertise, we will create a robust portfolio, with a shared purpose, to unlock long term value.”
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