Equinor

Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. 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. In 2023, the company was ranked 52nd in the same list. 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. Provided by Wikipedia