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Equinor ASA is an energy company based in Stavanger, Norway, engaged in the exploration, production, refining, and distribution of oil and gas. The company operates in several segments, including Exploration & Production Norway, Exploration & Production International, and Marketing, Midstream & Processing. Founded in 1972 as Statoil, Equinor has a significant presence in the North Sea and maintains operations in over 30 countries globally. The company is also investing in renewable energy, with a focus on offshore wind projects. Equinor's strategic positioning includes leveraging advanced technology and a strong commitment to sustainability to optimize its energy production portfolio.

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2025, reserves were 19.3 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.1 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.