EQUINOR ASA Business Summary
- refining and distribution of oil products (98.5%): purchasing and sales of crude oil, production of methanol and distribution of refined products. The group is also involved in transformation, transport and sale of natural gas;
- exploration and production of petrol and natural gas (1.4%);
- other (0.1%).
Sales per Business
| NOK in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Marketing, Midstream & Processing
98.5
%
| 1,415,901 | 98.0 % | 1,112,457 | 98.5 % | -21.43% |
Exploration & Production International
0.9
%
| 10,910 | 0.8 % | 10,496 | 0.9 % | -3.79% |
Exploration & Production USA
0.3
%
| 2,934 | 0.2 % | 2,928 | 0.3 % | -0.21% |
Exploration & Production Norway
0.2
%
| 12,497 | 0.9 % | 2,431 | 0.2 % | -80.55% |
Other
0.1
%
| 1,433 | 0.1 % | 898 | 0.1 % | -37.32% |
Renewables
0.0
%
| 1,222 | 0.1 % | 211 | 0.0 % | -82.70% |
Sales per region
| NOK in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Norway
98.8
%
| 1,424,781 | 98.2 % | 1,115,998 | 98.8 % | -21.67% |
International
0.9
%
| - | - | 10,496 | 0.9 % | - |
United States
0.3
%
| 309,497 | 21.3 % | 2,928 | 0.3 % | -99.05% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Anders Opedal
CEO | Chief Executive Officer | 56 | 31/12/96 |
Torgrim Reitan
DFI | Director of Finance/CFO | 55 | 05/10/22 |
| Compliance Officer | 54 | 31/07/19 | |
Hege Skryseth
CTO | Chief Tech/Sci/R&D Officer | 57 | 31/08/22 |
| Investor Relations Contact | 48 | - | |
Kjetil Hove
PRN | Corporate Officer/Principal | 59 | 31/12/20 |
Trond Straume
PRN | Corporate Officer/Principal | - | - |
Tore Loseth
PRN | Corporate Officer/Principal | 53 | 31/12/00 |
Pål Eitrheim
PRN | Corporate Officer/Principal | 53 | - |
Helge Haugane
AUD | Comptroller/Controller/Auditor | 46 | - |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
| Director/Board Member | 60 | 03/06/19 | |
| Director/Board Member | 54 | 18/03/15 | |
| Chairman | 67 | 31/08/17 | |
Jonathan Lewis
BRD | Director/Board Member | 63 | 30/06/18 |
Anne Drinkwater
BRD | Director/Board Member | 68 | 04/06/18 |
Stig Lægreid
BRD | Director/Board Member | 61 | 30/06/13 |
Tove Andersen
BRD | Director/Board Member | 54 | 30/06/20 |
Per Labråthen
BRD | Director/Board Member | 63 | 07/06/17 |
Hilde Møllerstad
BRD | Director/Board Member | 58 | 30/06/19 |
| Director/Board Member | 64 | 11/12/22 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 3,003,104,605 | 913,881,690 ( 30.43 %) | 76,104,592 ( 2.534 %) | 30.43 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
EQUINOR ASA 2.92% | 87,702,144 | 2.92% | 2,529,207,050 $ |
SCATEC ASA 16.22% | 25,776,200 | 16.22% | 213,911,013 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Northern LNG Transport Co. II Ltd.
| |
Danske Commodities A/S
 Danske Commodities A/S Miscellaneous Commercial ServicesCommercial Services Danske Commodities A/S trades energy-related commodities. Its services include direct marketing, dynamic asset management, financial portfolio management, product development services, green accreditation services and other gas services. The company was founded by Henrik Østenkjær Lind on September 23, 2004 in 2004 and is headquartered in Aarhus, Denmark. |
Miscellaneous Commercial Services
|
Equinor Energy AS
 Equinor Energy AS Integrated OilEnergy Minerals Equinor Energy AS drives exploration and extraction, transportation, processing, and marketing of petroleum and derivative products. It provides crude and petroleum refining services. The firm also offers financial assistance to other group companies, including silent guarantees, acting as collateral for debt obligations or loan facilities. The company was founded on February 1, 2007 and is headquartered in Stavanger, Norway. |
Integrated Oil
|
Danske Commodities Turkey Enerji Ticaret AS
| |
Kalundborg Refinery A/S
 Kalundborg Refinery A/S Oil & Gas ProductionEnergy Minerals Part of Klesch & Co. SA, Kalundborg Refinery A/S is a company that produces and distributes gas, naphtha, petrol, diesel, fuel oil, and heavy fuels. Kalundborg Refinery A/S is based in Kalundborg, Denmark. Kalundborg Refinery was acquired by Klesch & Co. SA from Equinor ASA on December 31, 2021 for $7.87 million. The Danish company was founded in 2006. Wouter Rudolf de Jong has been the CEO of the company since 2021. |
Oil & Gas Production
|
Statoil Coordination Center NV
 Statoil Coordination Center NV Oil & Gas ProductionEnergy Minerals Statoil Coordination Center NV is a Belgian company that explores, produces, transports, refines, and markets petroleum and petroleum-derived products. The company is based in Mechelen, Belgium. The company is ultimately controlled by the Government of Norway. |
Oil & Gas Production
|
Equinor UK Ltd.
 Equinor UK Ltd. Electric UtilitiesUtilities Equinor UK Ltd. supplies natural gas and crude oil. The firm engages in the exploration and production of oil and gas and also in trading and marketing of gas to industrial customers in Europe. The company was founded on November 10, 1976 and is headquartered in London, the United Kingdom. |
Electric Utilities
|
Equinor Insurance AS
 Equinor Insurance AS Insurance Brokers/ServicesFinance Equinor Insurance AS provides insurance services. The company is based in Stavanger, Norway and ultimately controlled by the Government of Norway. |
Insurance Brokers/Services
|
Danske Commodities BH doo
|
Sales per Business
Sales per region
| 1st Jan change | Capi. | |
|---|---|---|
| -15.61% | 1,809B | |
| +14.95% | 450B | |
| +62.98% | 260B | |
| +11.14% | 232B | |
| +3.11% | 90.88B | |
| -.--% | 53.08B | |
| -5.69% | 49.71B | |
| +26.15% | 49.58B | |
| -.--% | 37.83B |
