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 Trade, Industry and Fisheries.

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, June 2021.

SHAREHOLDERS
OWNERSHIP IN % 
NUMBER OF SHARES 

Government of Norway

67,0%

2 182 650 763

Folketrygdfondet

3,7%

119 599 842

Schroder Investment Management Ltd. (SIM)

1,3%

41 077 588

BlackRock Institutional Trust Company, N.A.

1,0%

33 493 741

The Vanguard Group, Inc.

1,0%

31 075 628

DNB Asset Management AS

0,7%

21 853 309

T. Rowe Price Associates, Inc.

0,6%

21 127 433

KLP Forsikring

0,6%

19 583 999

Dodge & Cox

0,6%

19 239 700

Templeton Investment Counsel, L.L.C.

0,6%

18 207 170

Storebrand Kapitalforvaltning AS

0,5%

17 268 201

Wellington Management Company, LLP

0,5%

15 943 163

BlackRock Investment Management (UK) Ltd.

0,4%

14 564 714

Marathon Asset Management LLP

0,4%

14 253 175

SAFE Investment Company Limited

0,4%

13 120 020

Lazard Asset Management, L.L.C.

0,4%

13 033 151

State Street Global Advisors (US)

0,4%

11 584 375

Ruffer LLP

0,3%

9 360 879

BlackRock Financial Management, Inc.

0,3%

8 295 823

BlackRock Advisors (UK) Limited

0,3%

8 255 246

The Norwegian State

The Norwegian state is the largest shareholder in Equinor (previously Statoil). The ownership interest is managed by the Ministry of Trade, Industry and Fisheries. 

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 Trade, Industry and Fisheries.