Statoil

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Statoil Reviews

Updated February 26, 2015
Updated February 26, 2015
55 Reviews
3.1
55 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (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
  • Project management take be really frustrating as decision making takes long time (in 6 reviews)

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

More Highlights

55 Employee Reviews Back to all Reviews

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  1.  

    Great company to work for

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

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

    Pros

    - Supporting colleagues and environment, far away from the rat race culture of other firms
    - Good career opportunities if you are based in Norway, although this is currently not nearly as good as in the early 2010s.
    - Pay is good, below what other oil companies pay, but job security is much higher

    Cons

    - Company is in a challenging state with the decline in oil price and the high cost structure
    - Skills development is slower than at smaller companies, so you have to be proactive requesting change.

    Advice to ManagementAdvice

    - Promote people based in merits & potential, not based on age

    Recommends
    Neutral Outlook
  2.  

    Great place to work!

    • 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

    Values, Culture, Benefits, career opportunities

    Cons

    complex governance...difficult to implement change and make progress

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Reservoir Engineer in Porsgrunn (Norway)
    Current Intern - Reservoir Engineer in Porsgrunn (Norway)

    I have been working at Statoil as an intern (less than a year)

    Pros

    Relaxed work environment
    Supportive leaders
    free housing
    always flexible with things
    great HR and tech support
    Lots of projects to work on
    Internship was a great, defined project that was challenging and had room left open for new ideas
    cafeteria had cheap, good food options for lunch (~35 NOK)

    Cons

    not really any time off on an internship but flexible
    Large company, so some bureaucratic things to deal with sometimes

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    1 year experience

    • 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

    Pros

    Great environment. Working time till 15-16h.

    Cons

    You can get too lazy

    Recommends
    Approves of CEO
  6.  

    Statoil

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

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

    Pros

    Professional, progressive and safe, I am very happy here

    Cons

    No known cons except they are sometime too process driven

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    great place to start your career

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

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

    Pros

    on job training, challenging, caring and helpful environment

    Cons

    low salaries, lack of foreign staff at top management

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Positively challenging opportunities

    • 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 (more than 10 years)

    Pros

    Quality people, gerat values, challenging and dynamic business, global growth, secure processes, one of the most ethical in the oil & energy business, transparent and open

    Cons

    Sometimes slow and cumbersome decision processes

    Advice to ManagementAdvice

    Stay the course but challenge your people to deliver, less reports - more results

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Excellent compensation, benefits and training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Drilling Engineer
    Current Employee - Drilling Engineer

    I have been working at Statoil

    Pros

    Excellent pay, one of the highest starting salaries in the oil industry
    High level of respect between coworkers, very ethical and high moral standards
    Excellent training, both regarding the drilling field and general management
    Large amount of freedom to do extra training modules that are not requisite of the position

    Cons

    very strict rules, often good, but at times overbearing, such as not being able to work longer than specified work week without asking permission to work overtime.

    Advice to ManagementAdvice

    Really can not think of much feedback, as I'm very happy with the company and work, only potential improvement would be in making it easier for junior employees to obtain international positions.

    Recommends
    Approves of CEO
  10.  

    Good learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Student Operator in Conklin, AB (Canada)
    Current Contractor - Student Operator in Conklin, AB (Canada)

    I have been working at Statoil as a contractor (less than a year)

    Pros

    Good camp
    Nice new plant
    Good shifts
    Good HR team
    Good values

    Cons

    Camp closes doors at night
    Room sharing between shift
    Transport to work breaks down regularly...

    Recommends
    Neutral Outlook
  11.  

    Statoil is a great company to work for. The environment and people that you work with truly stand out in the industry.

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

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

    Pros

    Environment
    Benefits
    Culture
    People

    Cons

    Salary
    Limited personal growth within the company.

    Recommends
    Positive Outlook

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