Equinor ASA (NYSE:EQNR) (NYSE: EQNR) is a Norway-based integrated energy company engaged in the exploration, development, and production of oil and natural gas, as well as growing investments in renewable energy and low-carbon solutions. Headquartered in Stavanger, Equinor operates across the value chain, from upstream activities in offshore fields to midstream transportation and refining partnerships, complemented by power generation and energy trading operations.
Founded in 1972 as Den Norske Stats Oljeselskap AS and later known as Statoil, the company was partially floated on stock exchanges beginning in 2001 and rebranded to Equinor in 2018 to reflect its broader energy focus. Over the decades, Equinor has pioneered offshore petroleum development on Norway’s continental shelf, adopting advanced drilling and subsea technologies to boost recovery rates and safety standards.
Equinor’s operations span more than 30 countries, with significant upstream assets in the Norwegian North Sea, the U.S. Gulf of Mexico, Brazilian deepwater basins and the U.K. Continental Shelf. The company is also expanding its renewables portfolio through offshore wind developments in Europe and North America and exploring carbon capture and storage projects to support decarbonization goals.
Under the leadership of Chief Executive Officer Anders Opedal, Equinor is pursuing a strategy to balance traditional hydrocarbons activities with low-carbon growth opportunities. The company continues to invest in innovation, digitalization and partnerships aimed at reducing emissions intensity and delivering reliable, affordable energy to global markets.
