Equinor named Anders Opedal to succeed Eldar Sætre as chief executive from November this year with a mandate to speed up the transition of the Norwegian oil major into a broader and greener energy company.

"The board is proud to present Anders Opedal as our next CEO. Equinor is entering a phase of significant change as the world needs to take more forceful action to combat climate change,” chairman Jon Erik Reinhardsen said.

“The board’s mandate is for Anders to accelerate our development as a broad energy company and to increase value creation for our shareholders through the energy transition."