Shell-Equinor JV Secures $3B Lending Support for North Sea Operations

Key Takeaways Adura secured a $3B RBL facility, marking its first syndicated financing since its December 2025 formation.The Shell-Equinor JV drew 18 global banks, reflecting strong confidence in its asset base and strategy.Adura combines 12 fields to boost UK energy supply, efficiency and long-term offshore production stability.Shell plc (SHEL) and Equinor ASA (EQNR) have taken a decisive step toward reshaping the United Kingdom’s offshore energy sector through their joint venture, Adura Energy, which has ...