Statoil Reviews

Updated August 7, 2015
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Statoil President and CEO Eldar Sætre
Eldar Sætre
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Pros
  • They get exactly what work life balance means (in 21 reviews)

  • Great salary and benefits they p ay 100% of all medical and dental insurance at the PPO level (in 4 reviews)

Cons
  • Heavy in decision making and process (in 6 reviews)

  • No respect for the international employees (in 4 reviews)

More Pros and Cons

16 Employee Reviews

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  1. Great Company In Theory

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor in Houston, TX
    Current Contractor - Anonymous Contractor in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Statoil as a contractor (More than 3 years)

    Pros

    Statoil has great offices. Flexible work schedule. Pay is consistent with in industry.

    Cons

    Statoil HR really needs to evaluate there hire process and transfer employees based on there experience. There are whole teams that have no experience in doing there job. As a contractor i spend most of my time explaining to them US protocol. Employees don't know who they are responsible to. Norway or the direct leader.

    Advice to Management

    Hire people with real world experience. Please train your staff otherwise. Stop trying to operate you are just failing so miserably. All of your partners think you are ignorant. Communicate with your teams better.


  2. Helpful (3)

    Statoil needs to understand culture when working outside of Norway. All they do is based on how its done in Norway.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in Houston, TX
    Current Employee - Executive Assistant in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Statoil full-time (More than a year)

    Pros

    Good work life balance is discussed and sometimes followed.The company is very organized in its procedures and when they are followed properly than they work.

    Cons

    Unless you are Norwegian than the chances of advancement are slim at best. Senior management also needs to really understand how business is done in countries outside of Norway. Salaries compared to the rest of industry are lower without question.

    Advice to Management

    To be a global company Statoil need to embrace a world attitude and work within countries and their traditions.


  3. Helpful (3)

    Houston office is not there yet.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Employee in Houston, TX
    Current Employee - Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Statoil full-time (More than 3 years)

    Pros

    Very good salary and benefits.

    Cons

    Inexperienced management that look only to their own careers. Locals treated as second class employees.

    Advice to Management

    Actually live the values with your reports. Lead others instead of focusing on your own careers.


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  5. Helpful (2)

    They said they are a global company but they are not

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Statoil full-time

    Pros

    Salaries and benefits Friendly co-workers; Open communication Great company for Norwegians or if you just want to comfortable work place until retirement. It is not a good company for international staff who are ambitious and want to have a successful career

    Cons

    Extremely micro managed. Most decisions are made in Norway though head quarter doesn't understand how to run business in the US or onshore. No real growth potentials for international staff. Most senior positions are continuously filled by Norwegians, even in positions where local should have advantages (e.g. Government and Public Affairs) Disciplines with least diversity/globalization are Drilling & Wells and Finance

    Advice to Management

    If the Company is as serious in globalization as top management says, they should be HUMBLE (one of the company's Values) to recognize that they need international talents to make the company a successful global company. Stop using North America as a training ground for Corporate's favorite kids. Less focus on politics and more focus on performance in your decisions


  6. Helpful (1)

    Bad values in values-focused company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Chief Cook and Bottle Washer in Norway, MI
    Current Employee - Chief Cook and Bottle Washer in Norway, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Statoil full-time (More than 5 years)

    Pros

    Good work life balance, flexible schedule, chance to play big role in projects

    Cons

    Actively practice discrimination against non-Norwegians. Norwegians get the easiest jobs, easiest hours, best projects, most resources and best ratings. All of this from a company and country that believes it is the most fair minded of them all.

    Advice to Management

    Get better lawyers as once the real word gets out, you will be sued out of your pants.


  7. Helpful (1)

    Good for those with a family and without ambitions

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Stavanger (Norway)
    Former Employee - Financial Analyst in Stavanger (Norway)
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Work-life balance, a comfortable job, ok salary, values, a nice and stressless working environment. Looks good on CV.

    Cons

    Not a place for young, international and motivated people. Promises about promotion go unfulfilled. A top-heavy company - every other Norwegian is a vice-president whilst non-norwegians struggle to get noticed. Processes take ages and endless meetings without any decision made at the end. A very political place internally. Hard work does not matter, people are not promoted based on competency.

    Advice to Management

    Don't discriminate against non-Norwegians, don't promote incompetent managers, give growth opportunities to the young, don't be scared to take decisions.


  8. Helpful (2)

    Career ender for the young and ambitious

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Oslo (Norway)
    Current Employee - Analyst in Oslo (Norway)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Statoil full-time (More than 3 years)

    Pros

    1. Nice offices 2. Decent pay (below industry average) 3. Casual dress code, 4. Over time pay 5. Excellent work life balance

    Cons

    1. Poor career development - promises not fulfilled. 2. Global People Survey is a joke. 3. No formal training, learn as you go along. 4. They are firing the wrong people.


  9. Helpful (5)

    You can find your niche and thrive, but generally good place for slackers and lackeys

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Negative Outlook

    Pros

    Good pays for junior roles, although that's comparable to peer in upstream O&G Lavish with on-the-job benefits for employees Easy to enter new roles and gain skills Good gender balance Possibly best employer if you want to live in Norway and work 8.30 - 15.00 hassle-free

    Cons

    Slightly annoying self-serving rhetoric on values, which seldom matches practices and attitude of employees Overly bureaucratic, I mean for real! Over-staffed, which leads to intense office politics by staff with no meaningful task to accomplish Little accountability, no meritocracy whatsoever, yes-man culture Various cases of incompetent senior management Bluntly put it, a discriminatory organisation - Norsk are better paid and move on. Others are left vegetate

    Advice to Management

    Make up your mind: become international company or remain Norwegian. Current narrative is inconsistent with organisational reality


  10. Helpful (3)

    Politically driven, corrupted in Canada

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Calgary, AB (Canada)
    Current Employee - Business Analyst in Calgary, AB (Canada)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Statoil full-time (More than 5 years)

    Pros

    laid-back, some nice people, nice office space

    Cons

    bad management, zero opportunities to grow, corruption embedded in some critical depts.

    Advice to Management

    change the management


  11. Helpful (3)

    STATOIL = (few humble+honest+loyal+excellent professionals) - (hundreds of cynical/useless/political careerists)

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baku (Azerbaijan)
    Current Employee - Anonymous Employee in Baku (Azerbaijan)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Statoil full-time

    Pros

    The globally integrated company with a lot of interesting activities. You can meet some bright people here (but very very few). An OK salary and benefits.

    Cons

    The Norwegian trust-based horizontal corporate culture has effectively developed this company over years. Nowadays, unfortunately, many cynical careerists use trust for their own benefit and do nothing but show off. Meetings, presentations, emails - seem to be endless with zero productivity. Teamwork does not have any meaning here, instead just bunch of cynical individuals playing politics. Decisions are based on personal subjective view. If you want to be identified as young talent - just don't express any opinion, keep silent, always smile, please "managers" and help them with their political games then you will get promotion and good assignments.

    Advice to Management

    You are loosing your creditability, wake up. The cynical careerists who lead you businesses internationally simply don't deserve all trust and power which you gave them. Talk to ordinary employees, not through the anecdotic leadership teams, and you will know more.



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