Transocean

  www.deepwater.com
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Transocean Reviews

Updated Mar 12, 2014

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All Employees Current Employees Only

3.8 52 reviews

81% Approve of the CEO

Transocean President & CEO Steven L. Newman

Steven L. Newman

(32 ratings)

81% of employees recommend this company to a friend

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)

9 Employee Reviews Back to all reviews
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    Not too bad, not too good.

    Anonymous Employee (Current Employee)

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

    ConsChecks 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 Senior ManagementInvest in documenting processes.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Some decisions leave you scratching your head???

    Manager (Individual Contributor) (Current Employee) Houston, TX

    ProsCompensation is at the mid to upper end of the market

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

    Advice to Senior ManagementAllow 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.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • Approves of CEO

    2 people found this helpful  

    Great Company but uncertain Future

    Finance/Operations (Current Employee) Houston, TX

    ProsVery 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.

    Consgoing 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 Senior ManagementGet 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?

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

     

    Transocean says all the right things but does not follow through

    Director (Current Employee) Houston, TX

    ProsThe benefits and pay are very good

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

    Advice to Senior ManagementStart acting like a global company

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • No Opinion of CEO

     

    the largest deepwater drilling company in the world

    Anonymous Employee (Current Employee) Houston, TX

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

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

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

    Is the one of the best offshore company in the world

    Radio Officer (Current Employee) Kakinada (India)

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

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

    Advice to Senior ManagementTake care of the Indian national offshore crew's pay, because which all the office management is enjoying....

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good Management

    ART Subsea (Current Employee) Mumbai (India)

    ProsManagement team very helpful and supportive.

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

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Work/Life Balance
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    • No Opinion of CEO

     

    In Transition

    Information Security Administrator (Former Employee)

    ProsTransocean employees are paid well.

    ConsRun 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 Senior ManagementNo employee likes every decision management makes. Your strategy is your own. Thank you for the severence.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Transocean

    Manager (Current Employee)

    ProsPay 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

    ConsCulture 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 Senior ManagementTeach 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.

    No, I would not recommend this company to a friend

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