Statoil completes name change to Equinor

Norwegian energy giant and LNG operator Statoil became Equinor after receiving the approval at the annual general meeting on Monday.
The company’s shares from May 16 are being quoted on Oslo Børs with the new name and the new ticker EQNR, the statement reads.
The implementation date for the new ticker EQNR for the company’s American Depository Receipts (ADRs) on New York Stock Exchange is expected to be May 17 at the earliest.
In an earlier statement, the company said the name change reflects ongoing changes and supports the low carbon strategy the company has outlined last year.
“The Norwegian continental shelf will remain the backbone of our company, and we will use our Norwegian heritage in our positioning as we continue growing internationally within both oil, gas and renewable energy,” Equinor’s CEO Eldar Sætre said in a statement.
The strategy envisions the development of long-term value on the Norwegian continental shelf, deepening in core areas and development of new growth options internationally.
List of related news articles
-
Posted: 11 days ago
Equinor picks ASN for Breidablikk cabling
Equinor and Alcatel Submarine Networks (ASN) have signed a new contract for the roll out of the subm...
Posted: 11 days ago -
Posted: about 1 month ago
Equinor hands out supply vessel deals
Norwegian oil and gas company Equinor has awarded Havila Shipping three-year contracts for the Havil...
Posted: about 1 month ago -
Posted: 4 days ago
Equinor to test floating solar pilot in rough waters of Norway
Norwegian energy major Equinor, in collaboration with Saipem company Moss Maritime, plans to build a...
Posted: 4 days ago -
Posted: about 1 month ago
Safety audits reveal flaws in Equinor activities
Norway’s Equinor has to account for deficiencies that the country’s offshore safety auth...
Posted: about 1 month ago