Statoil ASA becomes Equinor ASA

Oil giant Statoil ASA (Norway) has approved by the annual general meeting the new name Equinor ASA on Wednesday, 15 May 2018. This metamorphosis penalizes the evolution of the company, which recently decided to refocus part of its activities towards renewable energies.

By 2030, between 15% and 20% of Equinor’s investments should be devoted to “new energy solutions”.

Founded in 1972, Equinor  ASA (Statoil ASA) is the largest company in Norway with more than 29,000 employees and a turnover of more than $ 51 billion in 2017.