The name for the UK North Sea’s largest independent oil and gas producer has been announced today, signifying a major milestone in the formation of the new firm.
Equinor and Shell jointly confirmed the move to staff this afternoon, with Adura being selected as the bold new face for their incorporated joint venture (IJV).
With a long history of being in the North Sea, the two entities have worked hand-in-hand to select the new name, one founded in both their history and dedicated to the future of the basin in the coming years. Adura has been developed to combine the A of Aberdeen and dura of durability. It’s a foundation-based company, much like the solid granite which is characteristic of the city.
The creation of the largest oil and gas producer, Adura comes after the December 2024 announcement that Equinor and Shell would unite their UK offshore oil and gas businesses and global-class expertise to create a new company.
The largest oil and gas producer, Adura will secure domestic oil and gas production and energy supply security in the UK and beyond from its headquarters at Aberdeen city centre’s Silver Fin building.
Aberdeen, the UK’s energy capital and a major centre of global engineering and supply chain excellence, is where business operations are centered and at the heart of Adura’s name, along with a steadfast commitment to the North Sea energy future.
The work for the largest independent oil and gas producer in UK continues towards obtaining regulatory approvals, with commissioning of the IJV anticipated by the year-end.
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.”
