We’re Equinor, an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy around the world, building a global business on our values and the energy needs of the future.
Equinor is taking part in Arendal Week 2018, Norway’s political debate forum. See below.
Putting energy on the agenda at Arendal Week 2018
Photo: Mona Hauglie, Arendalsuka
Equinor is participating for the first time at Arendal Week, Norway’s largest political debate arena. We’re staging events aimed at putting energy and the energy future on the agenda, with debates on “Can an oil and gas company succeed in renewable energy, or is it just greenwashing?” and “Development and energy – what is Norway’s contribution?” (in Norwegian).
Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller contingent payments depending on DC’s performance over the next couple of years.
Statoil reports adjusted earnings of USD 4.4 billion and USD 1.5 billion after tax in the first quarter of 2018. IFRS net operating income was USD 5.0 billion and the IFRS net income was USD 1.3 billion.