Equinor ASA

Equinor ASA

Equinor ASA

Date Founded



Forusbeen 50 Stavanger, 4035, Norway

Type of Company


Employees (Worldwide)



Oil & Gas
Power & Utilities

Company Description

Equinor ASA engages in the exploration, production, transport, refining, and marketing of petroleum and petroleum-derived products. It operates through the following segments: Exploration and Production Norway; Exploration and Production International; Marketing, Midstream, and Processing; and Other. The Exploration and Production Norway segment includes the commercial development of oil and gas portfolios on the Norwegian continental shelf. The Exploration and Production International segment covers offshore and onshore activities in the USA, Mexico, and other operations worldwide. The Marketing, Midstream, and Processing segment markets and trades of oil and gas commodities. The Other segment includes new energy solutions; global strategy and business development; technology; projects and drilling; and corporate staffs and services. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Executive Vice President

Executive Vice President & Chief Financial Officer

Executive Vice President & Chief Operating Officer

Senior Vice President-Legal & Group General Counsel

Senior Vice President for Business Development, New Energy Solution

Executive Vice President, Technology, Projects & Drilling

Executive Vice President, Development & Production International (DPI)

Executive Vice President, New Energy Solutions (NES)

Executive Vice President, Technology, Digital & Innovation (TDI)

Board of Directors

Director at Telenor ASA

Independent Chairman of the Supervisory Board at Royal Boskalis Westminster NV

Chief Executive Officer at Capita PLC

Director at Borregaard ASA

Professional at Equinor ASA

Chief Executive Officer at Hafslund Eco AS

Former President & Chief Executive Officer at BP Canada Ltd.

Chief Financial Officer at Klaveness Torvald Rederi AS

Professional at Equinor ASA

Professional at Equinor ASA

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Equinor ASA
Owners & Shareholders
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Folketrygdfondet is an active, value-oriented, long-term manager which administers the Government Pension Fund Norway following rules set by the Ministry of Finance mandate requiring them to invest in equities and fixed-income instruments in a counter-cyclical manner in Norway, Denmark, Finland and Sweden. The strategic benchmark stipulates a 60 percent allocation to equities and 40 percent to fixed income, with a regional split of 80-90 percent in Norway and 10-20 percent across the rest of the Nordic region. The firm’s managers apply both qualitative and quantitative criteria. Folketrygdfondet focus on fundamental factors such as macroeconomic assessments, performance trends, equity returns, capital structure, pricing, cash flow and analyses of corporate governance, environmental and social matters.

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SAFEIC is an active manager which primarily invests in securities, currencies and commodities. They have a global geographic focus.

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DNB-AM uses both active and passive investment processes to invest globally in a variety of asset classes including equity, debt, money market instruments, commodities and alternative investments. They invest across market-caps and sectors, with the bulk of their assets in Norwegian blue chip equity. The firm's investment approach for fixed-income and money market instruments takes into accounts short-term trends and long-term strategy. Index funds are geared towards maximal cost effectiveness. Actively managed portfolios are diversified, uncorrelated and favor liquid markets. They use disciplined review and exit processes including stop-losses. DN- AM’s SRI screening process includes risk classification according to objective risk criteria, verification through independent sources and, direct company contact.

Recent Transactions
Details Hidden

Equinor ASA purchases Scatec ASA

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Credit Suisse Group AG, Credit Suisse Energy Infrastructure Partners AG purchase AWE-Arkona-Windpark Entwicklungs-GmbH from Equinor ASA

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Equinor ASA purchases Royal Dutch Shell Plc /Caesar Tonga Oil Field from Royal Dutch Shell Plc

Transaction Advisors

Advised onEquinor ASA purchases Teekay Norway AS

Legal Advisor

Advised onEquinor ASA purchases Brigham Exploration Co.

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Advisors & Consultants
Legal Advisor

Partner at Morgan, Lewis & Bockius LLP

Legal Advisor

Partner at Gibson, Dunn & Crutcher LLP

Legal Advisor

Of Counsel at Sullivan & Cromwell LLP


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Key Stats and Financials As of 2020
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Head of Inspection & Surface Maintenance, Stavanger at Equinor ASA

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