What is Statoil?
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.
What is Statoilfuelretail?
Statoil Fuel & Retail (SFR) is a leading transport fuel retailer, serving one million customers every day at 2,300 stations across Scandinavia, Poland, Russia and the Baltics. Optimising cash and liquidity across the group is an ongoing priority.
Who did Equinor used to be?
Statoil
Equinor, formerly Statoil, has grown up along with the emergence of the Norwegian oil and gas industry, and dating back to the late 1960s. Today, we are evolving into a broad energy major, with a significant and growing renewables business.
How long will Norwegian oil last?
Norway has proven reserves equivalent to 69.0 times its annual consumption. This means that, without Net Exports, there would be about 69 years of oil left (at current consumption levels and excluding unproven reserves).
How much does Norway own of Equinor?
67%
With a holding of 67%, the Norwegian state is the main shareholder in Equinor. The owner interest is managed by the Ministry of Trade, Industry and Fisheries.
What does Statoil do?
Statoil is an integrated oil and gas company with substantial international activities. Based in Norway, the company was established in 1972 and is the largest petroleum company in the Nordic region. Statoil is one of the main net sellers of crude oil in the world, and a major supplier of natural gas to the European continent.
Where is the headquarters of Statoil located?
The company’s headquarters are located in Norway’s oil capital Stavanger. The name Statoil was a truncated form of the State’s oil (company) . Statoil was one of the largest net sellers of crude oil in the world, and a major supplier of natural gas to the European continent, Statoil also operated around 2000 service stations in 9 countries.
What is the difference between Statoil and Statoil Hydro?
Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro.
Is Equinor and Statoil the same company?
For the current company, see Equinor. Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA.