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About us

22,000

employees around the world

30 countries

presence & business operations

170 million

people’s lives energised, every day

8,000

suppliers working with us

We are Equinor

Welcome to Equinor, an international energy company headquartered in Norway with 22,000 employees in 30 countries. Our ambition is to be a leading company in the energy transition, and we aim to create value through the opportunities the energy transition brings, breaking new industrial ground by building on our 50 years of experience.

Our purpose

Equinor is an international energy company committed to long-term value creation in a low-carbon future. Our purpose is to turn natural resources into energy for people and progress for society.

Find out more about who we are

Our portfolio encompasses oil and gas, renewables and low-carbon solutions. We are the largest supplier of energy to Europe, a world-leading offshore operator and an international pioneer in renewables and low-carbon solutions. Today, in an increasingly unpredictable world, our deliveries of oil, gas and wind power provide a vital and stabilising contribution to Europe’s energy security.

2,039 mboe/day

Equity oil and gas production (2022)

1.6 TWH

Renewable power generation (2022)

150,806 USD million

Total revenues and other income (2022)

79 USD billion

Net operating income

13.7 USD billion

Capital distribution including dividends and share buy-backs

55.2%

Adjusted return on capital employed

Progress towards net zero

Our ambition is to reduce the net carbon intensity (NCI) of the energy we provide by 20% by 2030. This ambition includes scope 3 emissions from the use of our products. Equinor has taken a clear stand on this: Our ambition is to continue supplying society with energy with lower emissions over time and reach net zero by 2050.

Investing the energy transition

Equinor’s ambition is to allocate more than 50% of our annual gross capex to renewables and low carbon solutions by 2030 and more than 30% in 2025. In 2022 we invested 14% of our gross capex into these areas, which is an increase of 3% compared to 2021.

A just energy transition

We recognise that a successful energy transition must take into account its impact on people and nature. In 2022, we launched our Just transition approach, which lays out five foundational principles to enable us to have a positive impact on the societies in which we operate, including respect for human rights, transparency in our financial reporting and advocacy, preparing our workforce for the future, enabling sustainable supply chains, and bringing resilience to local communities.

Our strategy

Climate change is the greatest challenge of our time. The world’s energy systems are in rapid transition to meet the challenge. The journey towards net zero creates new industry opportunities, and Equinor is ready to seize these opportunities.

Read more about our strategy

Our values embody the spirit and energy of Equinor at its best. They help us set direction and they guide our decisions, actions and the way we interact with others. Our values express the ideals we strive to live up to every day.

Open

  • We promote transparency
  • We embrace diversity and new perspectives
  • We raise ethical dilemmas and act with integrity

Collaborative

  • We work together as one team
  • We share knowledge and help each other succeed
  • We engage with, respect and earn the trust of our business partners and society

Courageous

  • We are curious, innovative and commercial
  • We continuously improve
  • We use foresight, identify opportunities and manage risk

Caring

  • We seek zero harm to people
  • We respect each other and contribute to a positive working environment
  • We act in a sustainable, ethical and socially responsible manner

To get there. Together

The energy transition and our net zero ambition by 2050 is a job that is greater than any single company, any one industry, or any nation on its own.

Together, we will develop new energy, and we will develop new industry. This is important, and it is necessary.

To get there. Together
is a mindset, a way to work and to communicate. Ultimately, it’s about who we are as a company.

Together Magazine in English (PDF)

Implementing what we stand for as a company

Our ability to create value depends on applying high ethical, safety and security standards to create a trust-based relationship with our people, our owners, our business partners, authorities and the societies where we do business.

In all our business activities we comply with applicable laws, act in an ethical, sustainable and socially responsible manner, practise good corporate governance and respect internationally recognised human rights. We maintain an open dialogue on ethical issues – both internally and externally. Open, honest and accurate communication is essential to our integrity and business success.

Our approach is integrated in our management system, and we have developed guidance and tools for everyone who works for us. Our Code of Conduct sets out our expectations, commitments and requirements for ethical conduct. We do not tolerate any breaches of the Code of Conduct or laws.

Our approach

Arve Johnsen, first CEO

Our history

In 1972, Statoil was formed by a decision of the Norwegian parliament and owned 100% by the Norwegian State. In 2001, Equinor was listed on the Oslo and New York stock exchanges with a 67% majority stake owned by the Norwegian State. In 2018 we changed our name to Equinor.

More about our history

Building on our past — investing in our future

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