Equinor ASA, formerly known as Statoil, is a Norwegian multinational energy company headquartered in Stavanger, Norway. Established in 1972, Equinor is primarily engaged in the exploration, production, and marketing of oil and natural gas, as well as developing renewable energy solutions. The company's operations span over 30 countries, with a significant presence on the Norwegian continental shelf. Equinor is committed to long-term value creation in a low-carbon future, investing in offshore wind, solar energy, and carbon capture and storage (CCS) technologies. With approximately 21,000 employees, Equinor emphasizes safety, sustainability, and innovation, aiming to provide energy for people and progress for society while reducing environmental impact.
Equinor Energy, Petoro, and TotalEnergies are developing the Grimsnes hydrocarbon discovery using standardized subsea infrastructure tied back to Oseberg Sør.
Equinor establishes a standardized procurement framework with industrial suppliers to accelerate marginal field development through unified technical solutions.
The strategic asset swap and collaboration aim to accelerate developments, optimize portfolios, and maximize value creation across key areas of the Norwegian Continental Shelf.