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.
Equinor ASA premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Crude Oil | Transportation | Statoil |
Condensate | Storage | Hydro |
Natural Gas | Trading | |
XYZ | ||
XYZ | ||
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In June, the company awarded a long-term contract to DOF to supply inspection, maintenance, and repair (IMR) services by compatriot energy. |
2024 | Contracts/Agreements | In June, the company entered into a purchase and sale agreement with the New York State Energy Research and Development Authority for the renewable electricity produced by the Empire Wind 1 offshore wind project. |
2024 | Contracts/Agreements | In June, the company entered into an agreement with Upwing Energy to qualify its Subsurface Compressor System at Equinor's Karsto test facility for offshore deployment. |
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 | 23,449 | 103,000 | 87,800 | 33,142 | 102,424 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jon Erik Reinhardsen | Chairman | Executive Board | 2017 | 67 |
Anders Opedal | Chief Executive Officer, President | Executive Board | 2020 | 55 |
Anne Drinkwater | Director; Deputy Chairman | Executive Board | 2022 | 67 |
Torgrim Reitan | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 54 |
Irene Rummelhoff | Executive Vice President - Marketing, Midstream & Processing (MMP) | Senior Management | 2018 | 56 |
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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