Equinor

Norway Oil and Gas Market Growth, Trends, and Forecast Report 2020-2025 Featuring Key Players - Equinor ASA, Aker BP ASA, Total SA, Royal Dutch Shell PLC, and Exxon Mobil - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 3, 2020
Oil, Gas, Energy, Companies, Oil companies, Industries, American brands, Equinor, Ministry of Petroleum and Energy, Norsk Hydro, BP, ExxonMobil, Mobil, Royal Dutch Shell, Tanzania Liquefied Natural Gas Project

The "Norway Oil and Gas Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Norway Oil and Gas Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • Factors, such as huge investment and government policies, are likely to drive the oil and gas market in Norway, during the forecast period.
  • The oil and gas upstream sector is expected to dominate the Norwegian oil and gas market, owing to discoveries in the North Sea.
  • The key players in this market include Equinor ASA, Aker BP ASA, Total SA, Royal Dutch Shell PLC, and Exxon Mobil Corporation.

Equinor ASA: Announcement of dividend per share in NOK for the second quarter 2020

Retrieved on: 
Thursday, November 19, 2020
Financial markets, Corporate finance, Financial economics, Dividends, Equity securities, Depositary receipts, American depositary receipt, Ex-dividend date, Stock market, Equinor, Stock, Special dividend

Equinor (OSE: EQNR, NYSE: EQNR) announced on 24 July 2020 dividend per share of USD 0.09 for second quarter 2020.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) announced on 24 July 2020 dividend per share of USD 0.09 for second quarter 2020.
  • The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 13 November 2020, in total seven business days.
  • Second quarter 2020 dividend per share is consequently NOK 0.8170.
  • On 25 November 2020, dividend will be paid to shareholders on Oslo Brs (Oslo Stock Exchange) and to holders of American Depositary Receipts ("ADRs") on New York Stock Exchange.

Panasonic, Equinor and Hydro to explore potential for European battery business

Retrieved on: 
Wednesday, November 18, 2020
Companies, Industries, Business, Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Panasonic, Lithium-ion battery

The companies will also investigate the potential for an integrated battery value chain and for co-location of supply chain partners.

Key Points: 
  • The companies will also investigate the potential for an integrated battery value chain and for co-location of supply chain partners.
  • Mototsugu Sato, Executive Vice President of Panasonic says the company sees the strategic partnership with Equinor and Hydro as a potential basis for future development and growth in the energy/battery sector in the European region.
  • "This collaboration combines Panasonic's position as an innovative technology company and leader in lithium-ion batteries, with the deep industrial experience of Equinor and Hydro, both strong global players, to potentially pave way for arobust and sustainable battery business in Norway.
  • By pooling our different areas of energy expertise, our companies will seek to create a battery business that is profitable, scalable and sustainable," says Al Cook, Executive Vice President of Global Strategy & Business Development in Equinor.

Norsk Hydro: Panasonic, Equinor and Hydro to explore potential for European battery business

Retrieved on: 
Wednesday, November 18, 2020
Companies, Battery electricity), Industries, Kadoma, Osaka, Panasonic, Equinor, Lithium-ion battery

Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business.

Key Points: 
  • Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business.
  • The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business located in Norway.
  • The companies will also investigate the potential for an integrated battery value chain and for co-location of supply chain partners.
  • Mototsugu Sato, Executive Vice President of Panasonic says the company sees the strategic partnership with Equinor and Hydro as a potential basis for future development and growth in the energy/battery sector in the European region.

Equinor ASA: Changes in Equinor’s corporate structure and Corporate Executive Committee

Retrieved on: 
Monday, November 16, 2020
Business, Companies, Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Anders Opedal, Opedal, Corporate communication, Economy, Corporate title

The new corporate structure will consist of six business areas and five corporate centre units.

Key Points: 
  • The new corporate structure will consist of six business areas and five corporate centre units.
  • The announced changes in the corporate structure will support continuous improvement and reduce the overall number of leadership positions but does not in itself lead to redundancies.
  • Equinors Corporate Executive Committee will be as follows from 1 June 2021:
    President and Chief Executive Officer (CEO) Anders Opedal.
  • Before joining Equinor, Lindbk was SVP Corporate Communication in Aker Solutions, PR manager in Microsoft and PR consultant in BWPR and GCI Monsen.

Equinor Backing Port of Albany to Host Nation’s First Offshore Wind Tower and Transition Piece Manufacturing Facility

Retrieved on: 
Thursday, November 12, 2020
Alternative energy, Energy, Utilities, Environment, Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Companies, Economy of Norway, NORWAY, Equinor, Marmen, Welcon

Today, Equinor announced its proposal to locate Americas first offshore wind tower manufacturing facility at the Port of Albany, in upstate New York.

Key Points: 
  • Today, Equinor announced its proposal to locate Americas first offshore wind tower manufacturing facility at the Port of Albany, in upstate New York.
  • Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor stands ready to transform the port for manufacturing offshore wind towers and transition pieces (TPs), creating up to 350 direct jobs in the region.
  • Development of a tower manufacturing facility at the Port of Albany is contingent upon NYSERDA selecting Equinors bid and PIIP.
  • Equinor now powers more than one million European homes with renewable offshore wind from four projects in the United Kingdom and Germany.

Equinor ASA: Information relating to dividend for third quarter 2020

Retrieved on: 
Thursday, October 29, 2020
Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Companies, Dividend, New York Stock Exchange, Economy of Norway, New York City

Key information relating to the cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for third quarter 2020.

Key Points: 

Key information relating to the cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for third quarter 2020.
This information is published in accordance with the requirements of the Continuing Obligations.

Equinor third quarter 2020 results

Retrieved on: 
Thursday, October 29, 2020
Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Companies, Economy of Norway

Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 0.78 billion and USD 0.27 billion after tax in the third quarter of 2020.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 0.78 billion and USD 0.27 billion after tax in the third quarter of 2020.
  • We deliver solid operational results in the quarter with an underlying production growth of nine percent.
  • In the E&P Norway segment, Equinor saw weak prices impacting the results but took advantage of the flexibility in gas production as gas prices in Europe recovered through the quarter.
  • At the closing of the quarter net debt to capital employed(2) was 31.6%, up from 29.3% at the end of the second quarter of 2020, mainly impacted by the net impairment in the quarter, as well as share buy-back from the Norwegian state.

Equinor ASA: Change of CFO at Equinor

Retrieved on: 
Friday, October 23, 2020
Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Companies, Economy of Norway, NORWAY

Executive vice president and chief financial officer (CFO) Lars Christian Bacher resigns from his position at Equinor ASA (OSE: EQNR, NYSE: EQNR) with effect from 1 November 2020.

Key Points: 
  • Executive vice president and chief financial officer (CFO) Lars Christian Bacher resigns from his position at Equinor ASA (OSE: EQNR, NYSE: EQNR) with effect from 1 November 2020.
  • After almost 30 years of exciting challenges at Equinor, it is time to look ahead at new opportunities outside the company.
  • I want to thank Lars Christian for his strong contribution to the development and management of Equinor.
  • With his long-standing experience from the CFO area and other leadership positions in the company, he is highly respected both in and outside Equinor, says Stre.