Statoil Reviews

Updated September 27, 2014
Updated September 27, 2014
64 Reviews
3.0
64 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (in 19 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

46 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

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

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

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

    Pros

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

    Cons

    minimal chance of full time job offer

    Advice to ManagementAdvice

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

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

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

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

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

    Pros

    Benefits, 9/80 work schedule, subsidized meals

    Cons

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

    Advice to ManagementAdvice

    Less expats more locals....locals are a lot cheaper and more knowledgeable.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    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
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  5. 1 person found this helpful  

    A good environment to learn

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

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

    Pros

    - Intellectual work environment: Access to huge knowledge bank within your specialism.
    - Opportunities to work internationally.
    - Intelligent colleagues; little need to explain "why" and "how".
    - Caring culture.
    - Good work life balance.

    Cons

    - Poor link between individual or team performance and compensation.
    - Slow decision making process.
    - Passive line management.
    - Too many academicians and too quality oriented: Too much time spent discussing, not enough time spent doing.

    Advice to ManagementAdvice

    Be consistent when rewarding individual and team performance.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6.  

    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

    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 ManagementAdvice

    Strategic directions need faster and better execution.

    Recommends
    Approves of CEO
  7. 1 person found this helpful  

    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

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    No commitment from employees. Too many managers and expats. Opportunities are given to Norwegians.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Work life balance. Salaries and benefits are also good. Good facilities and work environment. Good learning of oil & gas industry.

    Cons

    The opportunities to grow are given only to Norwegians and friends. A lot of money is spend to keep expats everywhere. Very expensive and empty facilities in fancy locations. Outsourced services which the quality is really poor. The company wants to save in cents, not in dollars.

    Advice to ManagementAdvice

    The management needs more training and capability. The diversification of nationalities is also important.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    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.

  10. 1 person found this helpful  

    A good place for work- life balance but can be very stressful for an ambitious person/ foreigner/ non-engineer

    • 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 for more than 3 years

    Pros

    Work -life balance. Considering how little I am expected to deliver, compensation is high. Really nice people. A great place for people who have lots of children and look for a relaxing day in the office after a tiring evening at home.

    Cons

    Too laid back and unprofessional. The biggest challenge is that Statoil doesn't seem to know what it wants or what it wants to be. Too political and complex to navigate for an international employee. The meeting culture is really weird and extreme - too many meetings with no agenda or outcomes. You will be challenged and frustrated by the lack of a structured career path and slow career progress. If you are not Norwegian and an engineer your career progress will disappoint you and your learning curve and competitiveness runs a real risk stagnation. Your experience before Statoil will not be valued - it's how long you've been with the company that matters and who you know. Competence and performance are not valued or promoted. Salary levels are lower than industry average (think about 30% for commercial roles) and the situation I described above with all the risks it entails just makes it a no no if you are far from retirement. If you still need a breather form a hectic life and work under a U.S. or U.K. contract, suggest you slap a 30% - 50% risk premium on whatever salary you are thinking of negotiating.

    Advice to ManagementAdvice

    Learn to say what you want and work on your communication skills. Challenge yourself to gain more awareness of the world outside Norway and the markets you operate and sell in.

    Doesn't Recommend
    Neutral Outlook
  11.  

    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 for 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

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