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What country owns Statoil?

What country owns Statoil?

Norwegian state
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger….Equinor.

Formerly Statoil (until 15 May 2018)
Owner Government of Norway (67%) Free float (33%)
Number of employees 21,126 (2021)

What is Statoil?

Statoil is one of the world’s most carbon-efficient producers of oil and gas, and will develop its low carbon advantage further. Statoil is building a material industrial position within profitable renewable energy, and expects to invest 15-20% of total capex in new energy solutions by 2030.

What is the new name for Statoil?

Equinor ASA
Equinor ASA (OSE: EQNR, NYSE: STO), the new name of Statoil ASA, was approved by the annual general meeting yesterday, 15 May 2018, and the new name has now been registered in the Norwegian register of business enterprises (Foretaksregisteret).

What kind of company is Equinor?

energy company
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally.

Who founded Statoil?

Early years. Den Norske Stats Oljeselskap A/S (Norwegian State Oil Company) was founded as a private limited company owned by the Government of Norway on 14 July 1972 by a unanimous act passed by the Storting, the Norwegian parliament.

What happened to Statoil?

On 22 September 2015 it was announced that the “Statoil” branding would be phased out, and replaced by Circle K as part of a global rebranding scheme involving all Couche Tard-owned retailers. In 2016, Couche-Tard decided to merge Circle K and Statoil Fuel & Retail into the Circle K brand.

Who are Statoil now?

Equinor, formerly known as Statoil, has been one of the most important players in the Norwegian oil industry, and has contributed strongly to make Norway into a modern industrial nation. Today, Norway is one of the world’s most productive petroleum provinces and a test lab for technology development.

Why did Statoil change name?

Norwegian multinational energy company Statoil has changed its name to Equinor to support “the company’s strategy and development as a broad energy company”.

Is Equinor a good company?

Is Equinor a good company to work for? Equinor has an overall rating of 3.9 out of 5, based on over 689 reviews left anonymously by employees. 78% of employees would recommend working at Equinor to a friend and 63% have a positive outlook for the business. This rating has improved by 6% over the last 12 months.

Why did Statoil change name to Equinor?

In May 2018, our Annual General Meeting voted to change the company name to Equinor to better reflect our evolution and identity as a company for the generations to come.

What is the biggest oil company in Norway?

With a turnover of roughly 80 billion Norwegian kroner, Equinor ASA was the leading company in the extraction of crude petroleum and natural gas industry in Norway as of March 2020. Ranking second was Total E&P Norge AS with a turnover of roughly 35 billion Norwegian kroner.

Why does Statoil change name?