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After our partial privatisation in 2001, we were listed on the Oslo and New York stock exchanges, ensuring broad international ownership. Equinor has one class of shares, with all shares carrying equal right to vote at general meetings. The Norwegian state is largest shareholder with 67%, managed by the Ministry of Petroleum and Energy.

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In accordance with the recommendations of Oslo Stock Exchange, Equinor publishes the list of our largest shareholders.

Data collected by third party, authorized by Equinor, September 2020.

SHAREHOLDERS
OWNERSHIP IN % 
NUMBER OF SHARES 

Government of Norway

67,0%

2 182 650 763

Folketrygdfondet

3,4%

109 213 446

Fidelity Management & Research Company LLC

1,3%

42 618 422

BlackRock Institutional Trust Company, N.A.

1,1%

36 692 580

The Vanguard Group, Inc.

1,0%

32 218 413

Schroder Investment Management Ltd. (SIM)

0,8%

27 390 286

Dodge & Cox

0,8%

26 296 634

T. Rowe Price Associates, Inc.

0,8%

26 192 542

Lazard Asset Management, L.L.C.

0,7%

24 321 500

KLP Forsikring

0,6%

19 300 154

DNB Asset Management AS

0,6%

18 188 339

Storebrand Kapitalforvaltning AS

0,5%

17 697 912

SAFE Investment Company Limited

0,5%

17 493 129

State Street Global Advisors (US)

0,4%

12 348 289

Fidelity International

0,4%

11 812 939

BlackRock Financial Management, Inc.

0,4%

11 769 746

Marathon Asset Management LLP

0,3%

10 805 712

Renaissance Technologies LLC

0,3%

10 021 861

UBS Asset Management (UK) Ltd.

0,3%

9 063 169

Templeton Investment Counsel, L.L.C.

0,3%

8 971 248

The Norwegian State

The Norwegian state is the largest shareholder in Equinor (previously Statoil). The ownership interest is managed by the Ministry of Petroleum and Energy. 

Statoil was partially privatised and listed on the stock exchange on 18 June 2001, when it became a public limited company. After the initial offering, the government retained 81.7% of the Statoil shares. 

Through public share offerings in 2004 and 2005 the state reduced its shareholding in Statoil to 70.9%.

Pursuant to the agreed exchange ratio as part of the merger with Hydro's oil and gas activities, the State's ownership interest in Statoil was 62.5%, or 1,992,959,739 shares on 1 October 2007. In accordance with the Storting's decision of 2001 concerning a minimum state shareholding of two-thirds in Statoil, the Government expressed its intention to increase the state's shareholding in Statoil over time  to 67%.

During 2008, the Government built up the State's ownership interest in Statoil by buying shares in the market. On 5 March 2009 the Government announced that the State's ownership interest had reached 67%.

The ownership interest is managed by the Ministry of Petroleum and Energy.