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Transportation Company - Statoil - Energy www.wikipedia.org
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Company NameStatoil
Division or Subsidiary ofEquinor
Company Web SiteLink
CategoryEnergy
Year Founded1972
Final Year of Operation2018
TerminationMerged
CountryNorway (Details)
Source of TextWikipedia
Text Credit URLLink



Company History: Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. As of 2021, the company has 21,126 employees.

The current company was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu, outside Oslo.

The name Equinor was adopted in 2018 and is formed by combining equi, the root for words such as equity, equality, and equilibrium, and nor, indicating that the company is of Norwegian origin. The Norwegian meaning of the former name Statoil is 'state oil', indicating that the oil company is state-owned.From Wikipedia
Brief History:
Norway is a Scandinavian country encompassing mountains, glaciers and deep coastal fjords. Oslo, the capital, is a city of green spaces and museums. Preserved 9th-century Viking ships are displayed at Oslo’s Viking Ship Museum. Bergen, with colorful wooden houses, is the starting point for cruises to the dramatic Sognefjord. Norway is also known for fishing, hiking and skiing, notably at Lillehammer’s Olympic resort.

Item Links: We found: 1 different collections associated with Statoil - Energy
Item created by: CNW400 on 2023-05-10 11:11:48

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