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...
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 →
🛍️ Equinor Product and Pricing News
- Equinor successfully installed a 230 bar PSV setting AOGV at Melkøya, marking a first in high-pressure valve installation.
- Equinor's Northern Lights JV project at Øygarden is the world's first open-source CO₂ transport and storage infrastructure, capable of storing 1.5 million tons of CO₂ annually with potential expansion to 5 million tons.
- 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.
- 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 CEO, Management and Leadership Team
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Project Director
[email protected] -
Investment Director[email protected]
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Managing Director and Country Manager[email protected]
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Business Development Director[email protected]
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Managing Director hos Equinor Insurance AS[email protected]
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Project Director, Offshore Wind California, Equinor[email protected]
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Vice President[email protected]
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Chief information officer[email protected]
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Chief Engineer, Materials Technology[email protected]
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Chief Engineer Geophysics[email protected]
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Chief professional and Senior Specialist[email protected]
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Chief Trader, Natural gas Europe
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Vice President Renewables[email protected]
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Senior Vice President[email protected]
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Vice President[email protected]
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Vice President[email protected]
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Vice President Shipping[email protected]
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Vice President Marketing and Supply[email protected]
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Executive Vice President Equinor[email protected]
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Principal Consultant CEO Office[email protected]
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CFO Equinor Renewables (RFO), SVP & Board member[email protected]
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Sr Adv Equinor CFO investments, cap allocation and active ownership. Chair of Boards of E Pension, Altor Funds, Farvatn AS. Board member STB life etc[email protected]
⚔️ 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
💼 Equinor Hiring and Layoffs
- Equinor emphasizes the importance of Northern Norway in its strategy, with Grete taking ultimate responsibility for this region.
- 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.
🤖 Equinor Developer, Integration and Automation News
- Equinor is partnering with Unicamp to offer Master's and PhD scholarships in Reservoir Management and Flow Assurance, with applications open until November 30, 2024.
- Equinor collaborates with Hystar, Yara Clean Ammonia, Gassco AS, and ABB on the HyPilot project to produce green hydrogen through water electrolysis.
- Equinor and Polenergia are developing three offshore wind farms in the Baltic Sea with a total capacity of up to 3000 MW, expected to power over 4 million homes, with the first energy from Bałtyk 2 and 3 projects anticipated in 2027.
- Equinor is collaborating with GE Vernova, bp, and Technip to develop the Net Zero Teesside Power natural gas plant with carbon capture for sustainable energy.
- Equinor, in partnership with Repsol Sinopec Brasil and Petrobras, is developing the Raia project in Brazil's Campos Basin, which will supply 15% of the country's projected gas demand by 2028 and use local materials and low-carbon technologies.
- 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 Financials, Fundraising and Valuation News
- Equinor accepted Norway's offer to sell its interests in the Nyhamna and Polarled JVs but will retain a minority share, as part of a $1.6 billion deal involving the country's gas transportation system.
- 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.
- Equinor's CEO confirmed that Norway's Johan Sverdrup field will maintain its production plateau until early 2025 before entering decline.
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