Statoil Energy Ventures Bloomberg

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. About equinor energy ventures equinor energy ventures is a 2016 private equity fund of funds currently investing. The unit of norway s state.

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Statoil energy ventures bloomberg.

Bloomberg the company its products the company its products bloomberg terminal demo request bloomberg anywhere remote login bloomberg. The company focuses on investments in new energy technologies and venture capital funds. We believe that the innovation creativity and agility of start ups can drive change and transition the energy industry towards a low carbon future. 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.

In total statoil energy ventures will invest up to usd 200 million around nok 1 7 billion over a period of four to seven years. The fund makes fund of funds and direct investments in the renewable energy industry. Equinor ventures is equinor s corporate venture fund dedicated to investing in attractive and ambitious early phase and growth companies.

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