Equinor ASA - Company Profile

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Equinor ASA (Equinor) formerly Statoil ASA, is an international energy compay engaged in the exploration, production, and distribution of energy resources. The company's main activities include the development and supply of oil, gas, renewables, and low-carbon solutions. Equinor's major products and services encompass energy supply through oil, gas, and renewable power generation. The company is associated with its brand, Equinor, which reflects its focus on energy transition and sustainability. Equinor serves a diverse range of customers across various industries, providing energy solutions that contribute to energy security and sustainability. The company operates through a network of suppliers and partners to distribute its energy products globally. Equinor targets markets primarily in Europe and other international regions. Equinor is headquartered in Stavanger, Rogaland, Norway.

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Headquarters Norway

Address Forusbeen 50, Stavanger, Telemark, 4035


Telephone 47 519 90000

No of Employees 24,620

Industry Energy and Utilities

Ticker Symbol & Exchange EQNR (OSL)

Revenue (2024) $105.8B 3.2% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ -42.7% (2024 vs 2023)

Market Cap* $97.9B

Net Profit Margin (2024) XYZ -44.5% (2024 vs 2023)

* 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 Storage Equinor
Power Trading Statoil
Condensate Transportation Hydro
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
2026 Contracts/Agreements In July, the company awarded contracts worth around NOK6 billion for four subsea development projects offshore Norway.
2026 Contracts/Agreements In July, the company signed an agreement to sell a 32.5% stake in the Peon discovery and operatorship to Var Energi.
2026 Contracts/Agreements In July, the company expanded its agreement with CHC Helikopter Service for personnel transport and search and rescue services in Central Norway until 2030.
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Competitor Comparison

Key Parameters Equinor ASA ExxonMobil Holdings Corp Shell plc BP Plc Chevron Corp
Headquarters Norway United States of America United Kingdom United Kingdom United States of America
City Stavanger Spring London London Houston
State/Province Telemark Texas England Greater London Texas
No. of Employees 24,620 58,000 85,000 93,700 43,039
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Learn more
Executives
Name Position Board Since Age
Jarle Roth Chairman Executive Board 2026 -
Anders Opedal Chief Executive Officer, President Executive Board 2020 58
Anne Drinkwater Deputy Chairman Executive Board 2022 70
Torgrim Reitan Executive Vice President; Chief Financial Officer Senior Management 2022 57
Hege Skryseth Executive Vice President; Chief Technical Officer Senior Management 2022 59
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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