Equinor ASA (NYSE:EQNR), formerly known as Statoil until its rebranding in 2018, is a Norwegian integrated energy company with roots dating back to 1972. Established by the Norwegian government to manage and develop the country’s petroleum resources, Equinor has evolved into a global energy player. The company remains majority–owned by the Norwegian state and is headquartered in Stavanger, Norway.
At the core of Equinor’s operations is upstream activity, encompassing exploration, development and production of oil and gas. The company leverages advanced offshore technologies and seismic imaging to explore hydrocarbon basins in the North Sea and beyond. Equinor’s portfolio includes deepwater fields in regions such as Brazil and offshore platforms in the U.K., while its onshore assets extend to North America and Africa.
Alongside traditional fossil fuel operations, Equinor is investing heavily in low-carbon solutions and renewable energy. The company operates several wind farm projects, including both fixed-bottom and floating installations, and is exploring opportunities in solar, hydrogen production and carbon capture and storage (CCS). Equinor’s integrated refining and marketing arm supplies refined products to markets across Europe, leveraging its network of terminals and retail outlets.
Equinor serves customers in more than 30 countries, forging partnerships with national oil companies and international consortia. Under the leadership of President and CEO Anders Opedal and Chairman Jon Erik Reinhardsen, the company aims to balance energy security with environmental stewardship as it pursues a strategic transition toward sustainable energy solutions.
