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.
Equinor ASA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Crude Oil | Storage | Equinor |
| Power | Trading | Statoil |
| Condensate | Transportation | Hydro |
| XYZ | ||
| XYZ | ||
| XYZ |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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