Equinor ASA - Company Profile
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Business Description
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops, and produces oil and gas, generates wind and solar energy. It has major operations on the Norwegian continental shelf. The company’s operations also include processing, refining, and carbon capture and storage. The company operates through five reportable business segments, Exploration & Production International (E&P International); Exploration & Production Norway (E&P Norway); Exploration & Production USA (E&P USA); Marketing, Midstream and Processing (MMP); Renewables (REN) and Other. Its Other segment includes Technology, Digital and Innovation (TDI)Projects, Drilling and Procurement (PDP), and corporate staff and support functions. Equinor continues to invest in its core business sectors to expand its assets base.
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Business Segments
- Exploration & Production Norway
- Marketing, Midstream and Processing
- Renewables
- Exploration & Production International
- Exploration & Production USA
- Other
Overview
Focuses on exploration, field development and production on the Norwegian Continental Shelf (NCS). Major assets in Barents Sea, Norwegian Sea, and North Sea Major projects include Oseberg Vestflanken, Johan Sverdrup, Utgard, Johan Castberg, Martin Linge, Snorre Expansion and Njord Future, among others Producing fields include 5 operated and ten partner operated fields In FY2022, Equinor and its partners completed 19 exploratory wells and made 4 commercial discoveries. In FY2022, Equinor drilled 9 gross exploratory wells in North Sea, 8 wells in Norwegian Sea, and 2 gross exploratory wells in Barents Sea region.
Performance
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Overview
Manages refineries; gas processing, LNG and methanol plants; midstream transportation facilities; and crude oil terminals - Terminals: Mongstad crude oil terminal, Sture crude oil terminal and South Riding Point Terminal - Storage: Aldbrough gas storage and interest in the Etzel Gas Lager -Key pipeline assets: Grane, Kvitebjorn, Edvard Grieg, Troll, Utsira High, Valemon, Haltenpipe, Norpipe, Mongstad and Vestprosess - Refineries at Mongstad and Kalundborg, and a methanol production plant at Tjeldbergodden - Major products include crude, petroleum products, natural gas and electricity. Its operation also includes providing low carbon solutions.
Performance
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Overview
Its operation includes wind farms, solar, other renewable energy sources and energy storage.
Performance
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Overview
Develops and produces crude oil and natural gas outside Norwegian Continental Shelf (NCS). Present in numerous oil and gas provinces in the world. It has exploration and development operations in 15 countries and production in 12 countries. In FY2022, exploratory wells drilled in Americas excluding US 10, and Africa 2.
Performance
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Overview
It includes both offshore and onshore exploration, production and development of oil and gas in the US.
Performance
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Performance
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Product Categories
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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