Statoil Reviews

Updated February 26, 2015
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3.1
54 Reviews
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Statoil President and CEO Eldar Sætre
Eldar Sætre
31 Ratings

54 Employee Reviews

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

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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.

  2. Overall Work Experience

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

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

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Good benefits, work life balance

    Cons

    Very centralized from Norway, not a lot of growth in company, very little training opportunities

  3. 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)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Environment
    Benefits
    Culture
    People

    Cons

    Salary
    Limited personal growth within the company.

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  5. 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)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    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 Management

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

  6. Helpful (1)

    Career ender for the young and ambitious

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

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    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.

  7. Analyst

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

    I have been working at Statoil

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great culture and benefits.
    Ability to drive your own career.

    Cons

    Everything has to go through multiple memos and approvals in the Houston office as well as in Norway offices.
    Decisions are not made quickly and require consensus.

  8. Nice company

    • 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

    Good salary, benefits and relaxed working hours

    Cons

    Not a lot of development opportunities

  9. Helpful (2)

    Politically driven, corrupted in Canada

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Calgary, AB (Canada)
    Current Employee - Business Analyst in Calgary, AB (Canada)

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    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

  10. Helpful (2)

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

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

    I have been working at Statoil full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    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.

  11. Work life balance, slow decisions and too much politics

    • 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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Good pay and benefits, although bonus is not attractive. Good working environment and quite stable employment. Proud of high ethical standards regarding environment and social responsibility.

    Cons

    Highly politicized and lack of performance driven is a cultural barrier to execute its strategy. Truly openness to deal with real issues is missing.

    Advice to Management

    Strategic directions need faster and better execution.

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