Anders Opedal

Equinor presents 2023 Integrated annual report

Retrieved on: 
Thursday, March 21, 2024

Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes 2023 Integrated annual report, combining financial and sustainability reporting.

Key Points: 
  • Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes 2023 Integrated annual report, combining financial and sustainability reporting.
  • The report for 2023 integrates the annual financial and sustainability reporting, reflecting the importance of sustainability for Equinor’s operational and financial performance, to our people, investors and other stakeholders.
  • The Equinor 2023 Annual Report on Form 20-F may be downloaded from Equinor's website at www.equinor.com.
  • See Use and reconciliation of non-GAAP financial measures in the integrated annual report for more details.

Equinor presents first integrated annual report

Retrieved on: 
Thursday, March 23, 2023

Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes the integrated annual report for 2022, combining financial and sustainability reporting.

Key Points: 
  • Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes the integrated annual report for 2022, combining financial and sustainability reporting.
  • Equinor publishes an integrated report for 2022 combining annual financial and sustainability reporting.
  • The integrated annual report includes Equinor’s performance on key sustainability topics, as well as progress on the Energy transition plan.
  • The Equinor 2022 Annual Report on Form 20-F may be downloaded from Equinor's website at www.equinor.com.

Equinor appoints Torgrim Reitan as new Chief Financial Officer

Retrieved on: 
Friday, September 30, 2022

Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor (OSE: EQNR, NYSE: EQNR), with effect from 6 October 2022.

Key Points: 
  • Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor (OSE: EQNR, NYSE: EQNR), with effect from 6 October 2022.
  • Torgrim has a very strong background to take on the complex challenge as CFO in Equinor, as we progress our ambition to be a leading company in the energy transition.
  • Reitan comes from the position as senior vice president for Finance and Control in the Equinors Renewables business area.
  • Prior to this he held the position as executive vice president and Chief Financial Officer from 2010 to 2015.

Equinor annual and sustainability reports for 2021

Retrieved on: 
Friday, March 18, 2022

Equinor ASA (OSE: EQNR, NYSE: EQNR) presents its 2021 annual report and form 20-F, and its 2021 Sustainability report.

Key Points: 
  • Equinor ASA (OSE: EQNR, NYSE: EQNR) presents its 2021 annual report and form 20-F, and its 2021 Sustainability report.
  • We present our annual reports for 2021 at a very difficult time in Europe.
  • Equinor reports adjusted earnings of USD 33.5 billion before tax and USD 10.0 billion after tax for 2021.
  • The Equinor 2021 Annual Report and Form 20-F may be downloaded from Equinor's website at www.equinor.com.

Equinor to start exiting from Joint Ventures in Russia

Retrieved on: 
Sunday, February 27, 2022

Equinors (OSE: EQNR, NYSE: EQNR)Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinors Russian Joint Ventures.

Key Points: 
  • Equinors (OSE: EQNR, NYSE: EQNR)Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinors Russian Joint Ventures.
  • Early this week Equinor will present a commitment to contribute funding to the humanitarian effort in the region.
  • We will now stop new investments into our Russian business, and we will start the process of exiting our joint ventures in a manner that is consistent with our values.
  • We expect that the decision to start the process of exiting Joint Ventures in Russia will impact the book value of Equinors Russian assets and lead to impairments.

Equinor fourth quarter 2021 and year end results

Retrieved on: 
Wednesday, February 9, 2022

IFRS net income was USD 3.37 billion in the quarter, compared to negative USD 2.41 billion in the fourth quarter of 2020.

Key Points: 
  • IFRS net income was USD 3.37 billion in the quarter, compared to negative USD 2.41 billion in the fourth quarter of 2020.
  • Following the high results for gas derivatives in third quarter, there has been a negative effect when the volumes have been delivered in the European gas market in the fourth quarter.
  • In 2021 Equinor completed 21 exploration wells with 8 commercial discoveries and 4 wells were ongoing at year end.
  • In addition, the board proposes an extraordinary cash dividend of USD 0.20 per share, per quarter from fourth quarter 2021 to third quarter 2022.

Equinor third quarter 2021 results

Retrieved on: 
Wednesday, October 27, 2021

Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 9.77 billion and USD 2.78 billion after tax in the third quarter of 2021.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 9.77 billion and USD 2.78 billion after tax in the third quarter of 2021.
  • The third quarter of 2021 was characterised by:
    We capture value from the higher commodity prices and with a solid operational performance we deliver strong results.
  • At the end of third quarter 2021, Equinor had completed 17 exploration wells with 6 commercial discoveries and 11 wells were ongoing.
  • At the end of the quarter adjusted net debt to capital employed (3) was 13.2 %, down from 16.4% in the second quarter of 2021.

Presenting strategy to accelerate Equinor’s transition

Retrieved on: 
Tuesday, June 15, 2021

Today, Equinor ASA (OSE:EQNR, NYSE:EQNR) presents its strategy to accelerate the companys transition while growing cash flow and returns.

Key Points: 
  • Today, Equinor ASA (OSE:EQNR, NYSE:EQNR) presents its strategy to accelerate the companys transition while growing cash flow and returns.
  • Key highlights from the strategy update:
    Accelerating the transition and setting an ambition to reach a 40% reduction in net carbon intensity by 2035, on the way towards net zero by 2050.
  • Our strategy is backed up by clear actions to accelerate our transition while growing cash flow and returns.
  • This is a strategy to create value as a leader in the energy transition, says Anders Opedal, president and CEO of Equinor.

Equinor appoints new chief financial officer

Retrieved on: 
Wednesday, December 16, 2020

Equinor (OSE: EQNR, NYSE: EQNR) announces that Ulrica Fearn is appointed chief financial officer (CFO) and executive vice president, with effect from 16 June 2021.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) announces that Ulrica Fearn is appointed chief financial officer (CFO) and executive vice president, with effect from 16 June 2021.
  • I am pleased to welcome Ulrica to Equinor and our leadership team.
  • Her deep and extensive experience in leading financial operations, as well as driving operational, control and shared services results, will make a strong contribution to the leadership of Equinor.
  • She is guided by her strong values and I am confident Ulrica will provide good leadership as we position Equinor for the future, says Anders Opedal, president and CEO of Equinor.

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

Retrieved on: 
Monday, November 16, 2020

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.