Transocean Reviews

Updated August 16, 2014
Updated August 16, 2014
54 Reviews
3.8
54 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Transocean President & CEO Steven L. Newman
Steven L. Newman
33 Ratings

Review Highlights

Pros
  • Good pay, good people, they actually care about your family (in 5 reviews)

  • Good people, good salary and excellent Benefits, good working environment (in 3 reviews)


Cons
  • And WRA shelf drilling killed all persons activities which you built (in 3 reviews)

More Highlights

10 Employee Reviews Back to all reviews

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  1.  

    Not too bad, not too good.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Transocean as a contractor

    Pros

    Great global company to work for. Morale was great. Helpful team, staff tenure - long, therefore helpful when problem solving. Overall great company.

    Cons

    Checks and balances in computer system not as strong as it ought to be. Work could be cumbersome as a result. Company culture difference between Transocean employee and Global Santa Fe.

    Advice to ManagementAdvice

    Invest in documenting processes.

  2.  

    Some decisions leave you scratching your head???

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

    I have been working at Transocean full-time

    Pros

    Compensation is at the mid to upper end of the market

    Cons

    Move internal leaders around way too much causing disruptions for employees and customers. Lack of consistent vision.

    Advice to ManagementAdvice

    Allow leaders to stay in roles long enough to implement their ideas and evaluate if they were a success or not. Put leaders in roles where they can use their expertise to advance the function as opposed to being a learning experience for that leader at the expense of the people and customers of the function.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Great Company but uncertain Future

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

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

    Pros

    Very engaging CEO who still is figuring out a way to improve efficiency.
    Good business model with certain cash flow over the foreseeable future.
    Striving for SAFETY and employees well being is cared about.

    Cons

    going through restructuring. Laying of 1500 people and may be more if they cannot achieve $300M savings.
    Lots of bureacracy.
    Too many Vice Presidents

    Advice to ManagementAdvice

    Get back to basics and make Rig Manager responsible and accountable. Give him the responsibility but also the authority to make decisions.
    Why do you Operations Managers and a Business Unit?

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Transocean says all the right things but does not follow through

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

    I have been working at Transocean

    Pros

    The benefits and pay are very good

    Cons

    Coming from the "right" heritage company is everything at Transocean.

    Advice to ManagementAdvice

    Start acting like a global company

    Doesn't Recommend
    Disapproves of CEO
  6.  

    the largest deepwater drilling company in the world

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

    I have been working at Transocean

    Pros

    haven't had a layoff in 9 years.
    very stable work schedule and long term contracts. decent training program in place.

    Cons

    haven't given a raise in 2 years.
    hard to arrange a transfer from rig to rig.
    raised cost of benefits while lowering actual benefits.
    blanket approach to problems rather than addressing the issue individually.

    Advice to ManagementAdvice

    take a closer look at your safety programs. Change or adapt the procedures that aren't working rather than continuing to add more

    Recommends
    No opinion of CEO
  7.  

    My stay in Transocean

    Current Employee - Manager (Individual Contributor)  in  Lagos (Nigeria)
    Current Employee - Manager (Individual Contributor) in Lagos (Nigeria)

    I have been working at Transocean full-time for more than 8 years

    Pros

    Solid Systems, experience people and pedigree in the industry

    Cons

    People are sometimes sacrificed for other consideration by management

    Advice to ManagementAdvice

    Be more mindful of people who are their greatest asset

  8.  

    Is the one of the best offshore company in the world

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Radio Officer  in  Kakinada (India)
    Current Employee - Radio Officer in Kakinada (India)

    I have been working at Transocean full-time for more than 10 years

    Pros

    Except the Indian pay roll rest all facilities are very good.

    Cons

    Working under Management, Indian offshore people can't shineeee....

    Advice to ManagementAdvice

    Take care of the Indian national offshore crew's pay, because which all the office management is enjoying....

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Good Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ART Subsea  in  Mumbai (India)
    Current Employee - ART Subsea in Mumbai (India)

    I have been working at Transocean full-time for less than a year

    Pros

    Management team very helpful and supportive.

    Cons

    If you are working offshore, it will be difficult if you are a woman and more qualified than other crew members.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    In Transition

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Information Security Administrator
    Former Employee - Information Security Administrator

    I worked at Transocean

    Pros

    Transocean employees are paid well.

    Cons

    Run like a startup, often felt disorganized, true value is held in the experience of tenured employees, wrought with infighting from constant mergers. Offshore operations is where the money is made therefore where the focus is. This is a disadvantage to onshore personnel who help make offshore operations possible.

    Advice to ManagementAdvice

    No employee likes every decision management makes. Your strategy is your own. Thank you for the severence.

    No opinion of CEO
  11. 1 person found this helpful  

    Transocean

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

    I have been working at Transocean

    Pros

    Pay package is above average
    Lots of money-resources are easy to get
    Multi-cultural - opportunities to meet new people
    Management tries its best to take care of its people

    Cons

    Culture of waste - spends so much more on resources than otherwise needed
    Personally - i hate it when anyone cannot speak a single sentence without cursing; F* this, F* that;
    Frontline managers could be more mature, more business savvy
    Frontline managers act like they are the best in the world when they are clearly not
    Employees do not have a lot of opportunity to progress their careers within Transocean unless you are an engineer.

    Advice to ManagementAdvice

    Teach your frontline management to run a business

    Management require leadership skills...which can be learned by doing...but there are not a lot of good role models out there in the field.

    Doesn't Recommend
    Approves of CEO

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