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Equinor
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company, 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 History of Statoil (1972–2007), Statoil with the Hydro Oil & Gas, oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the Share (finance), shares, while the rest is public stock. The ownership interest is managed by the Ministry of Petroleum and Energy (Norway), Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from F ...
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Anders Opedal
Anders Opedal (born 4. May 1968) is the incumbent chief executive officer, and former chief operating officer, of Norwegian oil and gas company Equinor. He joined the company in 1997 having previously worked for Schlumberger and Baker Hughes. He stepped down from the COO position, and became Equinor's country manager in Brazil in January 2017. On 10 August 2020, Equinor announced Opedal's selection as the company's next chief executive officer, from 2 November 2020 onwards. Opedal holds an MBA from Heriot-Watt University Heriot-Watt University () is a public research university based in Edinburgh, Scotland. It was established in 1821 as the School of Arts of Edinburgh, the world's first mechanics' institute, and was subsequently granted university status by roya ... and an engineering degree from NTH. References 1964 births Equinor people Norwegian business executives Chief operating officers Alumni of Heriot-Watt University Living people {{Norway-business-bio-st ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ...
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Stavanger
Stavanger, officially the Stavanger Municipality, is a city and municipalities of Norway, municipality in Norway. It is the third largest city and third largest metropolitan area in Norway (through conurbation with neighboring Sandnes) and the administrative center of Rogaland county. The municipality is the fourth most populous in Norway. Located on the Stavanger Peninsula in southwest Norway, Stavanger counts its official founding year as 1125, the year the Stavanger Cathedral was completed. Stavanger's core is to a large degree 18th- and 19th-century wooden houses that are protected and considered part of the city's cultural heritage. This has caused the town center and inner city to retain a small-town character with an unusually high ratio of detached houses, and has contributed significantly to spreading the city's population growth to outlying parts of Greater Stavanger. The city's population rapidly grew in the late 20th century due to its oil industry. Stavanger is know ...
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History Of Statoil (1972–2007)
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. Statoil was the largest petroleum company in the Nordic countries. In the 2013 Fortune 500, Statoil was ranked as the 39th -largest company in the world. While Statoil was listed on both the Oslo Stock Exchange and the New York Stock Exchange, the Norwegian state still held majority ownership, with 64%. 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. The company's CEO from mid-2004 onw ...
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Fornebu
Fornebu (local form ''Fornebo'') is a peninsular area in the suburban municipality of Bærum in Norway, bordering western parts of Oslo. Oslo Airport, Fornebu (FBU) served as the main airport for Oslo and the country since before World War II and until the evening of October 7, 1998, when it was closed down. Overnight, a grand moving operation was performed, so that the following morning, the new main airport, located inland at Oslo Airport, Gardermoen, Gardermoen (OSL), opened for operations as the main airport, as opposed to previously having been a minor airport. As of 2001, the Fornebu area is being developed as a centre for information technology and telecommunications, telecom industry, as well as there being some housing project developments nearby. The new headquarters of Norway's telecom giant Telenor are located in the area. The peninsula is connected to Langodden and Snarøya, which are more established areas of private residences. Etymology The name (Old Norse, Nor ...
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Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: 2023 list In 2023, the ten largest companies as calculated by this method were: 2022 list In 2022, the ten largest companies as calculated by this method were: 2021 list In 2021, the ten largest companies as calculated by this method were: 2020 list In 2020, the ten largest companies as calculated by this method were: 2019 list In 2019, the ten largest companies as calculated by this method were: 2018 list In 2018, the ten largest companies as calculated by this method were: As a group, the ''Forbes'' Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value. By industry sector The top-ranked companies in each industry sec ...
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Norsk Hydro
Norsk Hydro ASA (often referred to as just ''Hydro'') is a Norway, Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. The Government of Norway, Norwegian state owns 34.3% of the company through the Ministry of Trade and Industry (Norway), Ministry of Trade, Industry and Fisheries. A further 6.5% is owned by Folketrygdfond, which administers the Government Pension Fund of Norway. Norsk Hydro employs approximately 35,000 people. Eivind Kallevik has been the CEO since May, 2024, following Hilde Merete Aasheim. Rune Bjerke has been the Chairman since 2024 and Magnus Aakvaag (the grandson of former CEO Torvild Aakvaag) serves as a strategic advisor. Hydro had a significant presence in the petroleum, oil and natural gas, gas industry until October 2007, when these operations were merged with History of Statoil (1972â ...
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Ministry Of Petroleum And Energy (Norway)
The Royal Norwegian Ministry of Energy () is a Norwegian ministry responsible for energy, including petroleum and natural gas production in the North Sea. It is led by Minister of Energy Terje Aasland of the Labour Party since 2022. The department must report to the legislature, the Storting. History The ministry was originally established in 1978, where petroleum and energy affairs were transferred from the Ministry of Industry. It was merged into the Ministry of Industry as to become Ministry of Industry and Energy in 1993. In 1997, petroleum and energy affairs was once again transferred to the current ministry. It was renamed again in 2024 as Ministry of Energy. Organisation Political staff As of June 2023, the political staff of the ministry is as follows: * Minister Terje Aasland ( Labour Party) * State Secretary Andreas Bjelland Eriksen (Labour Party) * State Secretary Astrid Bergmål (Labour Party) * State Secretary Elisabeth Sæther (Labour Party) * Political Ad ...
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Hydro Oil & Gas
Hydro Oil & Gas is a defunct division of Norsk Hydro that operated within the oil and gas industry. On October 1, 2007 it merged with Statoil to form the new corporation StatoilHydro. Operations Hydro's main operations in petroleum were on the Norwegian continental shelf, but also operates in Angola, Canada, Russia and Libya. Hydro was the operator of 13 oil fields and had a production of 563,000 barrels of oil equivalents. Downstream Hydro also operated gas stations in Sweden under the brand name Hydro and operates in Norway and Denmark with the name HydroTexaco in joint venture with Chevron. In 2006 there were 460 stations in Norway and 550 in Denmark. Also the brands Uno-X and Rema Bensin were operated by this venture. History In 1965 Hydro joined Elf Aquitaine and six other French companies to form Petronord to perform search for oil and gas in the North Sea. Hydro soon became a large company in the North Sea petroleum industry, and also became operator of a number of ...
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Norwegian Language
Norwegian ( ) is a North Germanic language from the Indo-European language family spoken mainly in Norway, where it is an official language. Along with Swedish and Danish, Norwegian forms a dialect continuum of more or less mutually intelligible local and regional varieties; some Norwegian and Swedish dialects, in particular, are very close. These Scandinavian languages, together with Faroese and Icelandic as well as some extinct languages, constitute the North Germanic languages. Faroese and Icelandic are not mutually intelligible with Norwegian in their spoken form because continental Scandinavian has diverged from them. While the two Germanic languages with the greatest numbers of speakers, English and German, have close similarities with Norwegian, neither is mutually intelligible with it. Norwegian is a descendant of Old Norse, the common language of the Germanic peoples living in Scandinavia during the Viking Age. Today there are two official forms of ''written'' ...
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State Owned
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. Thi ...
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