Statoil completes name change to Equinor

Statoil completes name change to Equinor
CEO Eldar Sætre (Image courtesy of 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.

Share this article

Follow LNG World News

Events>

<< May 2018 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

The 27th World Gas Conference (WGC 2018)

The 27th World Gas Conference (WGC 2018) will be the largest, most timely and most significant global gas conference and exhibition ever held.

read more >

CWC LNG Fuels Summit – Marine| Road Transportation| Industrial

The CWC LNG Fuels Summit has now firmly established itself as the number one event on LNG Fuels…

read more >

Gas Shipping Americas

Informa presents Gas Shipping Americas – a two-day conference dedicated to gas shipping for the American market…

read more >

4th Annual Upstream West Africa Summit 2018

In June 2018, Senegal will play host to the No.1 Annual B2B Upstream Oil & Gas event, which will bring together the senior decision makers from across the prolific West Africa region to discuss the trends and challenges currently facing the Oil and Gas industry.

Since the discovery by Tullow Oil in 2007 of the Jubilee Field in Ghana, the Upstream sector has refocused its efforts to explore similar plays around the entire West and North West African coast. These efforts were rewarded with Cairn Energy’s prolific discovery in 2014 followed by Kosmos’ in 2015. The West Africa region has the industry’s spotlight firmly focused on further unlocking the potential of this largely underexplored region.

Companies that will be looking toward further unlocking the deepwater hydrocarbon potential of West Africa include: PETROSEN, BP, Kosmos Energy, Cairn Energy, FAR, Total E&P, Premier Oil, Shell, Tullow Oil along with the Ministries and key solution providers.

 More info

read more >