Equinor ASA (NYSE:EQNR) (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.
In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy. The company develops and operates large offshore oil and gas projects on the Norwegian continental shelf and holds exploration and production assets in multiple regions, including North America, Brazil, and the UK. At the same time, Equinor is expanding its renewables business, notably offshore wind projects in Europe and the United States, and investing in emerging technologies such as hydrogen, carbon capture and storage (CCS), and low‑emissions solutions.
Equinor provides a range of products and services that include crude oil and natural gas production, petroleum trading, technical engineering and project development for offshore infrastructure, and the development and operation of renewable energy assets. The company also engages in research and partnerships to scale clean‑energy technologies and integrate them with its existing operations to reduce emissions intensity across its asset base. Equinor’s commercial activities are supported by a global workforce and in‑house capabilities in subsea engineering, drilling, and large project execution.
Listed on both the Oslo Børs and the New York Stock Exchange, Equinor remains majority‑owned by the Norwegian state. Its strategic positioning reflects a dual focus on extracting value from existing hydrocarbon resources while progressively expanding renewable and decarbonization businesses to meet changing energy demand and policy environments worldwide.
