What Equinor Technology Ventures does

Equinor ASA is a publicly listed Norwegian energy company (Oslo Børs and NYSE: EQNR), majority-owned by the Norwegian State (approximately 67%), that combines a strong oil and gas business with a growing integrated power business supported by trading and market expertise. Founded in 1972 as Statoil and rebranded to Equinor in 2018, the company is the world's third largest net seller of crude oil (trading 2 million+ barrels of crude and condensate daily) and Europe's largest supplier of natural gas, operating across Norway, Brazil, the United States, the United Kingdom, Angola, Azerbaijan, Canada, and Argentina.

The company's core products and services span crude oil trading across 40+ crude grades (Troll Blend, Johan Castberg, Oseberg Blend, etc.), natural gas production and supply, offshore wind generation through its proprietary Hywind floating wind technology (Hywind Tampen being the world's first floating wind farm supplying power to oil platforms), carbon capture and storage, hydrogen solutions, methanol production, and emission allowances trading. Underlying technology capabilities include offshore extraction, subsea development, carbon-efficient crude production with disclosed GHG intensity metrics, and energy trading expertise.

Equinor's revenue model is primarily transactional and commodity-based: energy products are sold through competitive tendering, long-term contracts, and spot market transactions at market prices to global enterprise customers including refineries, trading houses, utilities, industrial buyers, and government entities. The go-to-market is predominantly direct B2B enterprise sales with global reach, supplemented by crude oil assay subscriptions and growing power market participation in Europe. Customer segments include energy buyers and traders globally, power market participants, and oil and gas JV partners on the Norwegian Continental Shelf.

Name

Equinor Technology Ventures

Legal name

Equinor ASA

Website

https://equinor.com

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Equinor ASA is a Norwegian state-majority-owned integrated energy company that produces and trades crude oil, natural gas, and renewable power globally, serving refineries, utilities, trading houses, and industrial customers across Europe, the Americas, Africa, and Asia.

Ownership category

akta.pro rank

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Crude oil production and trading: Equinor is the world's third largest net seller of crude oil with more than two million barrels of crude and condensate traded daily. The company produces and sells high-quality crude grades including Troll Blend, Johan Castberg, Oseberg Blend, and others from Norwegian Continental Shelf and international assets.
2. Natural gas production and trading: Equinor is Europe's largest supplier of natural gas, providing secure and lower-emission energy to European markets through gas production from Norwegian fields and trading operations.
3. Power generation and trading: Growing power business combining renewable energy (offshore wind) with trading and market expertise to meet energy needs and strengthen energy security.
4. Methanol sales: Equinor produces and sells methanol, with dedicated contact point for methanol enquiries at [email protected].

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Equinor Technology Ventures, operating as part of Equinor ASA, is a broad energy company engaged in exploration, development, and production of oil and gas alongside offshore wind and solar power. The company trades crude oil, petroleum products, methanol, natural gas, power, and emission allowances globally, ranking as the world's third largest net seller of crude oil with over two million barrels traded daily and serving as Europe's largest supplier of natural gas.

Product overview

Equinor is a broad energy company combining a strong oil and gas business with a growing integrated power business. The company operates across the energy value chain including crude oil and condensate trading (third largest net seller globally), natural gas supply (Europe's largest supplier), offshore wind energy through Hywind floating technology, carbon capture and storage, and hydrogen solutions. The crude oil assays product provides quality specifications for dozens of regional crude grades. The company aims to grow across oil, gas, power and trading while capturing opportunities in the energy transition toward a low-carbon future.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Oil Trading Global trading of crude oils, petroleum products, methanol, natural gas, power, and emission allowances. Equinor ranks as the world's third largest net seller of crude oil, trading over two million barrels of crude and condensate daily across 40+ crude grades including Troll Blend, Johan Castberg, Oseberg Blend, Gudrun Blend, Alvheim, and Aasgard Blend.
• Crude Oil Assays Commercial assays providing quality specifications for each crude oil type including API gravity (e.g., Troll Blend 38.8 API, Johan Castberg 33.3 API, Oseberg Blend 39.9 API, Gudrun Blend 52.9 API), sulphur content, and regional origin, available via subscription.
• Offshore Wind (Hywind) Hywind floating offshore wind technology, with Hywind Tampen being the world's first floating offshore wind farm supplying renewable energy to oil and gas platforms. Designed for deeper waters where traditional fixed-bottom wind is not feasible.
• Carbon Capture and Storage Decarbonization solutions for industry including carbon capture and storage capabilities deployed in selected markets.
• Integrated Power Business Integrated power business combining renewable energy portfolio (offshore wind, solar, battery storage) with trading and market expertise to serve European power markets.
• Hydrogen Low-carbon hydrogen solutions being developed for industrial decarbonization applications.
• Natural Gas Supply Europe's largest supplier of natural gas, providing secure and lower-emission energy to European markets through pipeline and LNG distribution from Norwegian Continental Shelf fields and trading operations.
• Methanol Sales Production and sale of methanol with dedicated enquiry channel at [email protected] for global customers.

Quantifiable outcome

• NOK 142 billion in value creation and 82,000 full-time man-years contributed to Norway in 2025
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• PetorocoreStrategic or Co-development Partner · 19 June 2026Norwegian state-owned petroleum company and partner in Troll field expansion. Equinor and partners investing NOK 4 billion in new subsea development to increase gas production from the Troll field.
• ShellcoreStrategic or Co-development Partner · 19 June 2026International energy company partner in Troll field expansion project investing NOK 4 billion in new subsea development.
• TotalEnergiescoreStrategic or Co-development Partner · 19 June 2026Energy company partner in Troll field expansion project investing NOK 4 billion in new subsea development.
• ConocoPhillipscoreStrategic or Co-development Partner · 19 June 2026Energy company partner in Troll field expansion project investing NOK 4 billion in new subsea development.
• Extractive Industries Transparency Initiative (EITI)coreStrategic or Co-development PartnerEquinor has supported EITI since its establishment. EITI is a global standard promoting open and accountable management of oil, gas and mineral resources. Equinor supports disclosure of petroleum contracts and licenses.

Scale indicators8 records

Recent moves5 records

Expansion highlights3 records

Market position

Weaknesses4 records

Competitive moat5 records

Customer concentration

• YouTubeyoutube.com/equinor
• Facebookfacebook.com/Equinor
• LinkedInlinkedin.com/company/equinor
• Instagraminstagram.com/equinor

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Equinor Technology Ventures