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Equinor

Norwegian energy major pivoting to offshore wind and hydrogen

Founded1972
HeadquartersStavanger, Norway
ClusterOslo-Energy Coast
DomainEnergy & Matter
PillarThe Foundation
StatusPublic
Employees~22,000
Websitehttps://equinor.com

Equinor (formerly Statoil) is Norway's state-backed energy company and one of Europe's largest, operating major oil and gas fields on the Norwegian Continental Shelf while investing heavily in offshore wind, carbon capture, and hydrogen production. The company developed Hywind, the world's first floating offshore wind farm, and is a lead developer of large-scale projects like Dogger Bank, set to be the world's largest offshore wind farm. Equinor's combination of deep energy engineering expertise, state ownership via the Norwegian government's 67% stake, and aggressive transition investment makes it a strategic anchor for Europe's energy sovereignty and decarbonization.