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 | Plans/Strategy | In April, Equinor USA announced its plans to acquire 40% interest in non-operated natural gas assets in northeast Pennsylvania, the US from EQT. |
2024 | Contracts/Agreements | In April, the company awarded a frame agreement to DeepOcean to manage marine services covering subsea intervention and repair contingency for subsea pipelines. |
2024 | Regulatory Approval | In April, the company's Sheringham Shoal and Dudgeon Extension Projects off the North Norfolk coast received approval from the UK Secretary of State for Energy Security and Net Zero to provide renewable energy to power an additional 785,000 UK homes. |
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 |
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 |
Hege Skryseth | Executive Vice President - Technology, Digital and Innovation | Senior Management | 2022 | 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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