Equinor $1.0 Billion Notes Offering
9/10/2018

Davis Polk advised the joint book-running managers in connection with an SEC-registered offering by Equinor ASA (f/k/a Statoil ASA) of $1 billion aggregate principal amount of 3.625% notes due 2028, guaranteed by its subsidiary, Equinor Energy AS (f/k/a Statoil Petroleum AS).

Based in Norway, Equinor ASA is an international energy company primarily engaged in oil and gas exploration and production activities. In addition to being the leading operator on the Norwegian Continental Shelf, Equinor also has substantial international activities and is present in several of the most important oil and gas provinces in the world. Equinor’s activities span operations in more than 30 countries and the company employs approximately 20,500 employees worldwide.

The Davis Polk corporate team included partner Leo Borchardt and associates Ida Araya-Brumskine, Alexander W. Simmonds and Maxim Van de moortel. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Counsel Jeanine P. McGuinness provided U.S. regulatory advice and European counsel John Taylor provided European regulatory advice. Members of the Davis Polk team are based in the London and Washington DC offices.