We offer a strong financial muscle and are ready to invest in three strategic areas. Equinor asa formerly statoil and statoilhydro is a norwegian state owned multinational energy company headquartered in stavanger it is primarily a petroleum company operating in 36 countries with additional investments in renewable energy by revenue while under statoil name equinor was ranked by forbes magazine 2013 as the world s eleventh largest oil and gas company and the twenty. The fund is established as part of statoil s new business area new energy solutions reflecting the company s aspirations to gradually complement its oil and gas portfolio with profitable renewable energy and low carbon solutions.
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