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Equinor | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Equinor is an international energy company headquartered in Norway, formerly known as Statoil. With over 23,000 employees across...

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Equinor is an international energy company headquartered in Norway, formerly known as Statoil. With over 23,000 employees across approximately 30 countries, Equinor is a leading operator in oil and gas, as well as a growing force in renewable energy, including offshore wind and solar. The company is committed to sustainability and aims to achieve net-zero emissions by 2050, while continuing to develop its portfolio in oil, gas, and low-carbon solutions.

Website
Headquarters
Stavanger, Rogaland
Size
10,001+ employees
Industry
Oil and Gas
Specialities
technology, deep water, oil and gas, offshore wind, energy, innovation, solar

🛍️ Equinor Product and Pricing News →

👔 Equinor CEO, Management and Leadership Team →

⚔️ Equinor Alternatives and Competitors →

💼 Equinor Hiring and Layoffs →

🤖 Equinor Developer, Integration and Automation News →

📈 Equinor Financials, Fundraising and Valuation News →

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🛍️ Equinor Product and Pricing News

  • On November 14, Greenpeace UK took Equinor to court over the Rosebank and Jackdaw oil and gas fields.
  • Adam Smith, Scotland’s top economist, supports Greenpeace UK's legal challenge against Equinor for illegal drilling in the North Sea.
  • Activists are organizing a protest against Equinor in Edinburgh on November 12 during a court hearing.
  • Equinor, along with partners, is preparing for the arrival of a new FPSO unit in Brazil's Bacalhau field, with first oil expected in 2025, following a naming ceremony hosted by Seatrium.
  • On November 6, Equinor confirmed its investment in Korea's renewable energy market at the 2024 Invest Korea Summit, aiming to support the development of 8 GW of offshore wind capacity.

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  • Equinor is repurposing the South Brooklyn Marine Terminal as an offshore wind hub for its 810-MW wind farm project off the New York coast.
  • Equinor admitted to over-reporting carbon capture at its Sleipner project by about 30% from 2017 to 2021 due to faulty monitoring equipment.
  • Equinor will participate in the European Hydrogen Week in Brussels at the Norwegian Pavilion.

👔 Equinor CEO, Management and Leadership Team

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⚔️ Equinor Alternatives and Competitors

  • Shell
    • |
  • TotalEnergies
    • |
  • BP
    • |
  • Suncor Energy
    • |
  • Cenovus Energy
    • |
  • Pembina Pipeline
    • |
  • Coterra Energy
    • |
  • Ecopetrol
    • |
  • Permian Resources
    • |
  • Chesapeake Energy
    • |
  • Gazprom Neft
    • |
  • ExxonMobil
    • |
  • Aker BP
    • |
  • DOF
    • |
  • EDP Renewables
    • |
  • Acciona Energy
    • |
  • Rio Alto
    • |
  • Yellot
    • |
  • Ibitu
    • |
  • CPFL Renovveis
    • |
  • Brain
    • |
  • Saudi Aramco
    • |
  • Orsted
    • |
  • ConocoPhillips
    • |
  • Chevron
    • |
  • Lukoil
    • |
  • Valero
    • |
  • Marathon Oil
    • |
  • Devon
    • |
  • Oxy
    • |
  • EOG
    • |
  • Eni
    • |
  • CITGO
    • |
  • Noble Energy

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💼 Equinor Hiring and Layoffs

  • Equinor is currently seeking a Principal Engineer Reservoir Technology in Brazil.
  • Equinor highlights the contributions of veterans, including their employee Michael Tinnell, in preparing Empire Wind and the South Brooklyn Marine Terminal for operations.

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🤖 Equinor Developer, Integration and Automation News

  • Equinor partnered with the Instituto Carioca Cidade Criativa to restore the garden of the Museu da República, including fountains and a new playground, celebrated on Brazil's National Culture Day.
  • Equinor signed a memorandum of understanding with LS Cable & System for the 750 MW Bandibuli/Firefly floating offshore wind project in South Korea.
  • Equinor has partnered with the Energy Central Campus in Blyth as a Platinum Business Sponsor to support offshore wind talent development.
  • Equinor plans to store 800,000 tons of CO2 emissions from Yara International's Dutch ammonia plant under the seabed as part of a large-scale carbon capture and storage project.
  • Equinor is collaborating with Rahd AI and other major energy companies on a program to reduce the UK's decommissioning costs by up to 35%.

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  • Equinor has awarded a ten-year contract to Patriot Offshore Maritime Services New York to build and operate a crew transfer vessel for the Empire Wind project, starting operations in 2026.

📈 Equinor Financials, Fundraising and Valuation News

  • As of November 13, 2024, Equinor's market capitalization is $61.6 billion, with its stock down 28.4% in 2024 and a price-earnings ratio of 6.9.
  • Equinor has acquired Sval Energi’s 11.8% share in the Halten East Unit, increasing its ownership to 69.5% and strengthening its position in the Norwegian Sea.
  • Equinor Ventures participated in a €30 million funding round for eSmart Systems to expand AI-powered energy infrastructure solutions.
  • Equinor has agreed to buy EQT Corporation's nonoperated interests in the northern Marcellus formation for $1.25 billion, increasing its working interest from 25.7% to 40.7% and adding approximately 80,000 BOED to its US production.
  • From November 4 to 8, 2024, Equinor purchased 1,950,000 shares at an average price of NOK 255.6569 each as part of its 2024 share buy-back program.

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