- CEO
- Anders Opedal
- Full Time Employees
- 24,126
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- Forusbeen 50 Stavanger Norway 4035
- IPO Date
- Aug 23, 2006
- Business
- Equinor ASA is an international energy company engaged in the exploration, production, refining, and marketing of petroleum and petroleum-derived products; it also develops low-carbon solutions including renewable energy, carbon capture and storage, and hydrogen technologies. The company produces crude oil, natural gas, and natural gas liquids from offshore and onshore fields; operates refineries and petrochemical plants producing gasoline, diesel, jet fuel, and lubricants; and provides offshore wind power generation, floating wind technology, and energy trading services through brands such as Equinor Wind and Equinor Renewables. Equinor serves industrial customers, utilities, and governments worldwide, with major operations in Norway, the United States, Brazil, the United Kingdom, and emerging markets in Asia and Africa; it maintains its headquarters in Stavanger, Norway, where it was founded in 1972 as Statoil and rebranded to Equinor in 2018 to reflect its energy transition strategy. In recent developments, Equinor formed strategic partnerships including a collaboration with Partners Group for offshore wind investments and expanded alliances with SLB and Aker Carbon Capture for carbon capture projects; it completed acquisitions such as a stake in Rosebank oil field and divested non-core assets like its Bakken shale operations. The company secured significant funding through green bonds exceeding $2 billion for renewables and launched new offerings such as the Hywind Scotland floating wind farm expansions and Empire Wind 1 U.S. offshore project approvals in 2024; it also announced operational shifts toward net-zero emissions by 2050, including halting new oil exploration in non-Norwegian Arctic regions and investing over $25 billion in low-carbon initiatives through 2030.