Equinor ASA - Company Profile

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Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops, and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects with focus on renewable energy and low carbon solutions. Equinor has major operations on the Norwegian continental shelf. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.

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Headquarters Norway

Address Forusbeen 50, Stavanger, Telemark, 4035


Telephone 47 51 990000

No of Employees 21,936

Industry Energy and Utilities

Ticker Symbol & Exchange EQNR (OSL)

Revenue (2023) $106.8B -28.3% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -58.7% (2023 vs 2022)

Market Cap* $76.4B

Net Profit Margin (2023) XYZ -42.4% (2023 vs 2022)

* As of and is in US$
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Equinor ASA premium industry data and analytics

300+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

80+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Equinor ASA.

60+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

5

Energy Storage Projects

Understand the energy storage landscape for Equinor ASA, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

4

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with Equinor ASA.

1

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

1

Downstream

View detailed information on global active, upcoming , decommissioned, and cancelled crude oil refineries, heavy oil upgraders and condensate splitters.

40+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Equinor ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Equinor ASA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Crude Oil Transportation Statoil
Condensate Storage Hydro
Natural Gas Trading
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In February, the company awarded a contract to Aker Solutions to conduct a feasibility study for its Mongstad Industrial Transformation project in Vestland county, Norway.
2024 Contracts/Agreements In February, the company and Polenergia entered into a contract with Sif Holding NV for the delivery of 100 monopiles for the Bałtyk II + Bałtyk III offshore wind projects.
2024 Contracts/Agreements In February, the company entered into a 15-year contract to deliver liquefied natural gas to Deepak Fertilisers from 2026.
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Competitor Comparison

Key Parameters Equinor ASA Shell plc BP Plc Eni SpA Lukoil Oil Co
Headquarters Norway United Kingdom United Kingdom Italy Russia
City Stavanger London London  Rome Moscow
State/Province Telemark England England Lazio -
No. of Employees 21,936 93,000 67,600 32,324 102,424
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Jon Erik Reinhardsen Chairman Executive Board 2017 67
Anne Drinkwater Deputy Chairman; Director Executive Board 2022 67
Anders Opedal Chief Executive Officer, President Executive Board 2020 55
Torgrim Reitan Executive Vice President; Chief Financial Officer Senior Management 2022 54
Pal Eitrheim Executive Vice President - Renewables (REN) Senior Management 2018 52
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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