Equinor and Shell Appoint CEO and Chair for Adura
Key highlights
- Neil McCulloch and Nicoletta Giadrossi appointed to lead Adura.
- Adura aims to be the UK North Sea's largest independent producer.
- Adura's launch is anticipated by the end of 2025, pending approvals.
- Adura will be headquartered in Aberdeen, UK.
Leadership Appointments
Equinor and Shell have appointed Neil McCulloch as CEO and Nicoletta Giadrossi as Chair of their joint venture, Adura. McCulloch brings over 30 years of energy sector experience, while Giadrossi has extensive leadership experience in energy and infrastructure.
Adura's Vision
Adura aims to become the largest independent producer in the UK North Sea, focusing on operational excellence and energy security. The joint venture will combine Equinor and Shell's UK offshore oil and gas assets.
Future Plans
Adura is expected to launch by the end of 2025, pending regulatory approvals. The company will be headquartered in the Silver Fin building in Aberdeen, UK.
Source: Equinor