Statoil

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Statoil Reviews

Updated Mar 26, 2014
Statoil – Houston – “Citywest BCM Campus”

All Employees Current Employees Only

3.2 51 reviews

79% Approve of the CEO

Statoil President and CEO Helge Lund

Helge Lund

(34 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects(in 13 reviews)

  • If you are permanently based in Norway and want a no hassle work life with good benefits then this is the right choice(in 3 reviews)


Cons
  • Project management take be really frustrating as decision making takes long time(in 5 reviews)

  • Many international employees quit their work after some short of time of work at company(3-5 years)(in 4 reviews)

14 Employee Reviews Back to all reviews
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in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    2 people found this helpful  

    Great benefits, mediocre operations

    Senior Analyst (Current Employee) Houston, TX

    ProsGood salary, great other compensation if you're around long enough to be vested. Great insurance and other benefits. Flexible work schedule, generally decent work/life balance and enjoyable atmosphere to work in.

    ConsLack of leadership in the US area, and some questionable decisions on who they've placed in certain job roles. Recent change to overall corporate growth strategy has created some uncertainty, although ultimately could be good for the company. If you're not Norwegian there's little opportunity for advancement. They're currently outsourcing some job areas so it's difficult to recommend that anyone leave a job they're happy with to come here.

    Advice to Senior ManagementDecide on a clear strategy for the company, specifically the US, and put the right people in place to accomplish that vision in the right manner.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Good company. Incapable, unqualified, inexperienced management - all across the board

    Engineer (Current Employee) Houston, TX

    ProsGood benefits, flexible work (at least that's what they promote)

    ConsTerrible Management. Wrong people are in wrong places

    Advice to Senior ManagementIncapable to accept advice

    – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

    Friendly people, good benefits, but little chance of getting a job through an internship

    Seismic Imaging Intern (Current Employee) Houston, TX

    ProsBenefits, half price meals, open culture, 9/80 schedule

    Consminimal chance of full time job offer

    Advice to Senior ManagementHire more through intern pools and make the internship program tailormade for transition to full time hire

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    It started out great, but over time it has become disappointing.

    Senior Accountant (Current Employee) Houston, TX

    ProsBenefits, 9/80 work schedule, subsidized meals

    ConsCareer growth is tied to Norwegian culture, which is very flat & socialistic.

    Advice to Senior ManagementLess expats more locals....locals are a lot cheaper and more knowledgeable.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Optimum Work-Life balance, Good Environment, Ok compensation, Poor international Integration and career opportunities

    Project Engineer (Current Employee) Stavanger (Norway)

    ProsThe Work-Life balance is great, but this is common in Norway. Compensation and Benefit are good for young engineers. Very nice people and environment, everybody willing to collaborate and help.

    ConsCompensation and benefit for experienced professionals is below industry average. Norwegian is the language.
    Top Management positions are almost only for Norwegians
    If you are not proactive is very easy to get bored and feel unsatisfied with your job (many people do as less as possible)

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    3 people found this helpful  

    Good company to work for if you are true Norwegian, wrong place to be if you are an international employee

    Anonymous Employee (Current Employee)

    Prosgood work/life balance. The company is the right choise for those who are looking for relaxed and stable employment. Good company for housewives and not ambitious people. It is nearly impossible to get fired, unless you come drunk to your work.

    ConsNo professional growth, guaranteed, unless you are Norwegian or a good friend of someone. Most of employees are just waiting to retire and doing minimum tasks. The company is promoting equal rights, hence a lot of women at all layers of organization and most of them just not capable for their job

    Advice to Senior ManagementGet rid of a lot of useless people, among you as well

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • Career Opportunities

    1 person found this helpful  

    Opportunities to work in many countries and cultures.

    Senior Consultant Procurement (Current Employee) Stavanger (Norway)

    ProsVaried tasks. Highly educated colleagues. Opportunities to work abroad.

    ConsSlow promotion. Bureaucratic and slow decision making.

    Advice to Senior ManagementFlatten the structure - take out a few levels of management - this will encourage creativity.

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Spending dollars saving pennies

    Mechanical Engineer (Current Employee) Stavanger (Norway)

    ProsStatoil have a relatively flat organization where one as an employee can handle projects quite on your own as long as you deliver and show results. I.e. leaders will not interfere too much which I appreciate. If you have a solid knowledge of your specific field and is secure on yourself, you can do a difference. My personal experience is that my closest manager gives me free reins with what I do.
    Working hours are like in Norway good (regulated by law), and you can normally decide how you use your time. If you have a sick child, nobody will raise their eyebrows if you're home to take care of your child. So if you're a young professional starting in this industry, Statoil is a good place to get experience.

    ConsTo much money is spent on wastless studies by external companies because project leaders don't have enough broad knowledge and thus don't trust internals with the required background. This leads to what I like to call decision paralysis requiring even more studies!
    Statoil have a lot of technical requirements, which is typical for the oil industry. However there is a resistance to change these when knowledge shows that it should be done.
    Now Statoil wishes to save money by saving pennies instead of saving dollars. This is done by taking away benefits we have had like fruit baskets (from a company for people with disabilities. Social responsibility?), food assortment in the cantina etc.
    Restrictions to travel is another issue. To travel overseas needs approval by top management. I dare say on one occasion that with less restrictions, the company could had saved X. Not to talk about these studies...
    One should bear in mind that Statoil being Norways largest company can't pay as much as foreign oil companies thus pays less because it would raise the average pay level in Norway. All very understandable. With this backdrop it will be less interesting to stay by the company when one have enough knowledge to seek better opportunities elsewhere.

    Advice to Senior ManagementStart listening to individuals one by one over a coffee or something, and not from middle/top management.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Slow-paced, but very friendly environment...place to take some rest and relax

    Anonymous Employee (Current Employee) Stavanger (Norway)

    ProsMedium pay, but very short hours and managers are very flexible when it comes to holidays or simply long weekends. All business travel times outside of working hours is paid as extra time.
    The environment at work is very nice and friendly...Flowers, cakes, waffles, yoga, good gym...

    ConsA lot of old employees - result, very slow pace business environment, most of them, unfortunately, simply wait to retire and get that super pension. No challenge in daily activities. When promoting to new or expatriate positions managers are somewhat favourable to norwegians - which is an understandable issue, but when they hire international people they emphasize that opportunities are equal. Norwegian language recently became an issue, this is no longer real international company - you are told very straightforward that they want you to speak Norwegian - no proper training is provided though. And it requires some efforts to reach some level of proficiency in it...and you are really not sure what to do with it later on in your life...unless you plan to relocate to a country of "perma" autumn/winter...

    Advice to Senior ManagementInstead of cutting costs on fruits try to stimulate people to save money for the company and not always being contractor friendly...it is harder to do but will save you much more

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Generally a stable, safe job - but bureaucratic and conservative

    Business Developer (Current Employee) Stavanger (Norway)

    Pros- Flexibility and working hours: While it is possible to work yourself to near death also in Statoil (depending on your position), it is generally possible to achieve a comparably good work-life balance
    - Range of opportunities: As in most large corporations, there are many countries, disciplines and settings that you can work within

    And as far as the company is concerned, it is expanding rapidly and has become a lot more international in the past few years. It is an exciting company to follow.

    Cons- Salaries (in Norway): Considerably lower than industry average. Furthermore, salary does not follow actual responsibility, but rather age and years of experience.
    - Advancement: While you will readily be given increased responsibility, and be able to handle this well, your performance will not be rewarded by hierarchic (and hence also salary) promotion. Age is king. Period.
    - The mantra underpinning Statoil's HR policy is: "Everybody wants to work here. We don't care if you leave."
    - Decision making is exceedingly bureaucratic and very slow. The internal politics associated with this are suffocating initiative on a daily basis.

    Advice to Senior ManagementShake up the incredibly conservative salary and promotion policies. Cut internal red tape and speed up decision making.

    No, I would not recommend this company to a friend

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