Statoil Reviews

Updated August 24, 2014
Updated August 24, 2014
66 Reviews
2.9
66 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
44 Ratings

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (in 20 reviews)

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

More Highlights

18 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good benefits, flexible schedule & no micromanagement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Production Analyst in Houston, TX
    Current Employee - Production Analyst in Houston, TX

    I have been working at Statoil full-time (more than an year)

    Pros

    Benefits, Schedule, Goal oriented, Encourages work-life balance.

    Cons

    Too much staff in some departments, not enough in others. Network & IT cause too many issues and working remotely can be difficult.

    Recommends
    Positive Outlook
  2.  

    great comopany

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Facility Management in Houston, TX
    Former Employee - Facility Management in Houston, TX

    I worked at Statoil full-time (more than 3 years)

    Pros

    great company to network with

    Cons

    on the job training is a beast

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great company to work for

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

    I have been working at Statoil full-time

    Pros

    Very laid back environment. Not too stressful.

    Cons

    Working as contract employee so no benefits.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5. 3 people found this helpful  

    Great on paper, pretty good in practice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Houston, TX
    Former Employee - Senior Analyst in Houston, TX

    I worked at Statoil full-time (more than 3 years)

    Pros

    Good salary and benefits. Work / life balance also good.

    Cons

    Don't treat people as well as lofty "corporate values" would have you believe. If you are not an engineer or scientist type, you are really a second class citizen here.

    Advice to ManagementAdvice

    Management in USA needs major assistance. Please send help Norway!

    Recommends
    Negative Outlook
    Approves of CEO
  6.  

    US Onshore Performance Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Performance Manager in Houston, TX
    Current Employee - Performance Manager in Houston, TX

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

    Pros

    Global organization, with strong growth platforms
    Open and positive working culture
    Very focused on US business GoM and Onshore

    Cons

    Compensation not so competitive
    Lacks strong systems for onshore business
    GoM business lacks operatorship in development phase

    Advice to ManagementAdvice

    More stretch opportunities for less experienced employees.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    All around very good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX

    I have been working at Statoil full-time

    Pros

    Flexibility, schedule, challenges, colleagues, benefits (U.S. employee). All around better than all of my previous employers both inside and outside of the oil & gas industry.

    Cons

    Less structured than most companies.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Very good company to work with, although in need of better top management.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil

    Pros

    Very good work environment.
    Good benefits and salarires.

    Cons

    Need to improve its policies or at least develop them.
    The company should stop thinking that outsourcing is The best solution for financial problema.

  9.  

    Data Management Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Management Manager in Stavanger (Norway)
    Current Employee - Data Management Manager in Stavanger (Norway)

    I have been working at Statoil full-time (more than 8 years)

    Pros

    Good work-life balance, compensation and benefit are good for experienced people, positive environment and knowledge exchange within and among various disciplines.

    Cons

    Poor international integration and career opportunities due to stiff approach by upper management.

    Positive Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Solid ship headed into rougher weather

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Stavanger (Norway)
    Current Employee - Anonymous Employee in Stavanger (Norway)

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

    Pros

    Fantastic work/life balance, and company of high ethical integrity. CEO Lund is smart and sincere man with conservative values tempered by Scandinavian sense of humanity. Being a majority state owned company in social democratic Norway has contributed to a generous cushion of labour rights and entitlements. Statoil has developed leading world-class technologies and uses them both to optimize hydrocarbon recovery and find socially and environmentally responsible solutions to adverse effects of oil and gas production.

    Cons

    Statoil is a company in transition, like most other oil majors in one way or another. Norway and Statoil's generosity is often taken for granted by Norwegian employees. The company is wrought with cumbersome bureaucracy and too many internal stakeholders getting in the way of needed greater expediency. Management trying to streamline processes and trim fat to maintain global competitive edge and economic viability in face of tighter margins, but they frequently come across as blunt, callous and clumsy to Norwegian workforce, subsequently diminishing morale and loyalty. The company's turn away from developing renewable energy since the merger with Hydro in 2007 has disappointed many employees. Many also question the ethics of Statoil's investments in oil sands and shale gas and would at least like to see us take the lead in mitigating the environmental and social downsides of those pursuits. The decision and probable necessity to expand internationally is unfortunately contributing to Statoil losing its soul and becoming like many other mega multinational oil companies.

    Advice to ManagementAdvice

    Insist on cutting costs through even greater expediency. Don't waste time and resources on appeasing the consensus and likewise don't let clueless managerial tyrants waste the time, resources and creative energy of individuals and teams by insisting on tiresome non-necessities. Despite company's efforts to streamline processes, many still don't get it.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Not bad

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

    I worked at Statoil

    Pros

    Good atmosphere at the workplace

    Cons

    can't figure out what they are doing

    Recommends
    Positive Outlook
    Approves of CEO

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