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largest independent producerCNBC
•79% Informative
Shell and Equinor 's joint venture will be established in Aberdeen , Scotland .
The companies plan to complete the deal by the end of next year , subject to approvals.
At that time, the incorporated company is set to become the U.K. North Sea's largest independent producer.
It is expected the company will produce more than 140,000 barrels of oil equivalent per day in 2025 .
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87
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