Equinor (formerly Statoil)

Company description

Equinor (formerly Statoil) is a Norwegian multinational energy company headquartered in Stavanger, Norway with operations in thirty-six countries. The firm was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro.

Equinor is the largest operator on the Norwegian continental shelf, with 60% of the total production. In addition to the Norwegian continental shelf, Equinor operates oil and gas fields in Australia, Algeria, Angola, Azerbaijan, Brazil, Canada, China, Libya, Nigeria, Russia, United States, and Venezuela. 

In 2017, the company published a strategy for its transition to a broad energy company with a distinct and competitive portfolio. As well as its oil and gas operations, it also intends to build a material industrial position within profitable renewable energy, and expects to invest 15-20% of total capex in new energy solutions by 2030.

Company details

City:
Stavanger
Address:
Forusbeen 50 4035 Stavanger, Norway

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 06, 2023

    Equinor, RWE to co-develop Norway-Germany hydrogen projects

    Equinor ASA and RWE AG have signed a memorandum of understanding (MoU) for a strategic partnership to develop hydrogen pipeline flows from Norway to Germany by 2030. Norway is currently Europe's top s...

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  • December 09, 2022

    Equinor makes final investment decision for 531 MW solar PV project in Assu

    Equinor has announced its final investment decision (FID) on the 531 MW Mendubim solar photovoltaic (PV) project located in the state of Rio Grande do Norte, Brazil. The PV park is being developed by...

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  • November 21, 2022

    ONGC plans to develop 1 GW Solar PV project in India

    Oil and Natural Gas Corporation (ONGC) has announced that it is planning to develop a 1 GW Solar PV project in the Rajasthan state of India.  

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  • November 15, 2022

    First power produced by 88 MW floating offshore wind project in the North Sea

    Equinor has started generating power from the first of 11 turbines at its 88 MW Hywind Tampen floating wind project off Norway. The wind farm is anticipated to supply approximately 35% of the North S...

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  • October 05, 2022

    Equinor completes construction of 58 MW Stępień solar PV project in Braniewo

    Equinor has completed the construction of its 58 MW StÄ™pieÅ„ solar photovoltaic (PV) project located in the municipality of Braniewo in Warmia, Poland.  The solar PV was developed...

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  • October 04, 2022

    Equinor to construct 25 MW energy storage project in Dorset

    Equinor and Noriker Power have approved the final investment decision on the 25 MW/50 MWh Blandford Road battery storage project in Dorset, in southern England, UK. Grupotec Renewable Limited has bee...

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  • September 02, 2022

    Equinor, Oceanex to develop offshore wind projects in New South Wales

    Equinor and Australian and Oceanex Energy have partnered for the development of offshore wind projects in New South Wales, Australia. Oceanex has spent several years preparing the ground for the Hunt...

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  • July 11, 2022

    Power purchase agreement signed for 531 MW Solar project in Brazil

    Hydro Rein, Equinor and Scatec have signed a PPA for the Mendubim solar project in the state of Rio Grande do Norte in Brazil.

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  • May 18, 2022

    Van Oord awarded subsea rock installation contract for 2 GW Offshore wind farm in USA

    Empire Offshore Wind has selected a consortium comprising Van Oord and Great Lakes Dredge & Dock (GLDD) as main contractors for subsea rock installation works related to the development of Empire...

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  • May 03, 2022

    Offshore construction begins on Dogger Bank wind farm

    The team building Dogger Bank Wind Farm has officially marked the start of its offshore construction work with the installation of the first length of HVDC export cable off the Yorkshire coast. NKT i...

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