Statoil

www.statoil.com

Statoil Reviews

Updated January 25, 2015
Updated January 25, 2015
73 Reviews
2.9
73 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
47 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

51 Employee Reviews Back to all reviews

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  1. 2 people 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
  2. 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 (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
  3.  

    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.

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  5. 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 (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
  6.  

    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
  7.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Reservoir Engineer in Porsgrunn (Norway)
    Current Employee - 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
  8. 4 people found this helpful  

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

    • 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 5 years)

    Pros

    good 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.

    Cons

    No 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 ManagementAdvice

    Get rid of a lot of useless people, among you as well

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

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

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

    I have been working at Statoil full-time

    Pros

    The 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.

    Cons

    Compensation 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)

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Spending dollars saving pennies

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

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

    Pros

    Statoil 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.

    Cons

    To 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 ManagementAdvice

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

    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Not a good company if you are non-Norwegians

    • 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 3 years)

    Pros

    Great place for a laid-back person. If you just want to enjoy the life and to have 1-year parental leave with 80% pay, come to Statoil and try to have lots of children.
    The Statoil values, "open, caring, hands-on, and courageous", sound very attractive to new talents.

    Cons

    1. Noticeable difference between Norwegian and non-Norwegian. If you do not know and do not want to speak Norsk, you will be one of the "mercenaries". If you are good, go to other majors - COP, Shell, or Chevron. They will pay and value you much more
    2. So many unprofessional behaviors, such as discrimintative language, social isolation are permitted as long as no physical conflicts are involved
    3. Heavy in decision making and process. The decision seems never to be made during the team discussion. It will be made in the coffee bar by a few Norsk-speaking folks
    4. No team-working or integration at all. Everyone builds the railway by himself/herself. Many times it is funny to see the train can not run through the railway
    5. Being competitive is a big 'no-no'. Inititiative of striving for improvement will be treated as a "threat" or "show-off"

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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