For the pre-merger company, see History of Statoil (1972–2007).
Equinor ASA
Formerly
Statoil (until 15 May 2018 (2018-05-15))
Company type
State-owned Allmennaksjeselskap
Traded as
OSE: EQNR
NYSE: EQNR
Industry
Petroleum industry
Founded
14 June 1972; 51 years ago (1972-06-14)
Headquarters
Stavanger, Norway
Key people
Jon Erik Reinhardsen (Chair) Anders Opedal (CEO)[1]
Products
Petroleum
Natural gas
Petrochemicals
Electrical power
Revenue
US$90.92 billion (2021)[2]
Operating income
US$33.66 billion (2021)[2]
Net income
US$8.58 billion (2021)[2]
Total assets
US$147.12 billion (2021)[2]
Total equity
US$39.01 billion (2021)[2]
Owner
Government of Norway (67%)
Free float (33%)
Number of employees
21,126 (2021)[2]
Website
www.equinor.com
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world.[3] In 2023, the company was ranked 52nd in the same list.[4] As of 2021,[update] the company has 21,126 employees.[2]
The current company was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro.[5] As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy.[6] The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu, outside Oslo.
The name Equinor was adopted in 2018 and is formed by combining equi, the root for words such as equity, equality, and equilibrium, and nor, indicating that the company is of Norwegian origin.[7] The Norwegian meaning of the former name Statoil is 'state oil', indicating that the oil company is state-owned.[8]
^"Anders Opedal taking over as president and CEO". Equinor.com. Retrieved 10 August 2020.
^ abcdefg"Annual Report 2021" (PDF). Statoil. Retrieved 23 March 2022.
^"Forbes Global 2000". Forbes. Retrieved 31 October 2020.
^"The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.
^"StatoilHydro signature unveiled". 2007-05-10. Archived from the original on 2007-09-28. Retrieved 2007-06-20.
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily...
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infect equines, and these include: Eastern equine encephalitis virus Japanese encephalitis virus Venezuelan equine encephalitis virus Western equine encephalitis...
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monophyletic grouping. Members of the subfamily are referred to as equines; the only extant equines are the horses, asses, and zebras of the genus Equus, with...
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Equine herpesvirus is a group of viruses of the family Herpesviridae that infect horses. Equine herpesvirus 1 of the subfamily Alphaherpesvirinae and...
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change. Some Equine coat colors are also related to the breed of horse, like the Friesian breed for instance. The basic outline of equine coat color genetics...
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of the licence to OMV in 2013 prior to Equinor acquiring Chevron's 40% stake in 2019. Statoil was renamed Equinor in 2018. The licences currently cover...
equine metritis (CEM) is a type of metritis (uterine inflammation) in horses that is caused by a sexually transmitted infection. It is thus an equine...
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Global Information
US$90.92 billion (2021)[2]