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Equinor presents annual and sustainability reports for 2019

Today 20 March, Equinor is presenting its 2019 Annual Report and Form 20-F, and its 2019 Sustainability Report.

“The outbreak of the Corona virus and the sharp drop in oil prices are impacting industries and companies around the world and are expected to impact Equinor for a long time. We are a robust company with a strong balance sheet, and we are now really benefitting from the improvements made in recent years. Through those efforts, we are better prepared to handle volatile markets and unexpected events,” says Eldar Sætre, President and CEO of Equinor ASA.

In 2019 Equinor proved strong operational capabilities and brought six new fields on stream, including Johan Sverdrup. Cash flow from operations before tax ended at USD 21.8 billion. Equinor delivered a solid result with adjusted earnings of USD 13.5 billion[1] and USD 4.93 billion after tax. For full details, please see the links below.

1 See section 5.2 in the 2019 Annual report and Form 20-F for non-GAAP measures.

Corona update for contractors: For the latest information to contractors, partners, suppliers and their personnel regarding the Corona virus, please see our Suppliers page. 

Equinor sets ambition to reduce net carbon intensity by at least 50% by 2050

  • Our new Climate Roadmap

    Equinor has launched a new Climate Roadmap aiming to ensure a competitive and resilient business model in the energy transition, fit for long term value creation and in line with the Paris Agreement.

Latest news

Our gigantic new oil field, Johan Sverdrup, is officially open. But what about the climate? 

Prime minister Erna Solberg opened our giant Johan Sverdrup field on January 7. As we celebrate the value creation for society and shareholders, how do we respond to those who say it should never have opened?  

A game-changer for Equinor’s offshore wind business

The world needs more offshore wind to meet global climate goals. Now we’re constructing the world’s largest offshore wind farm, Dogger Bank, which will produce renewable energy equivalent to powering 4.5 million British homes.

Current topics

To better understand the Norwegian seabed, our IT experts travelled to the Spanish Pyrenees.

Torgeir Haaland and Margaux Ledieu wanted to work where they could contribute to developing solutions to the climate challenge. That’s exactly what they are doing in Equinor—and their quest took them to the Spanish Pyrenees.

Equinor increasingly attractive with IT professionals

Maria Majella Rio Bergsvåg (left), Åshild Hanne Larsen, Magnus Rørvik Brandtzæg and Virginie Bachelet are pleased that Equinor is ranked as an attractive employer.
(Photo: Line Slotnæs)

Equinor has once again been ranked most attractive employer among engineers in the Universum awards in Norway – and is also increasingly popular with IT experts. 

At the 2019 Universum professional awards, Equinor has been ranked the most attractive employer among Norwegian engineering professionals for the 16th year running. Universum surveyed more than 10,000 professionals working in Norway. Among IT professionals we climbed eight places to fourth place.