Transocean

www.deepwater.com

Transocean Reviews

Updated November 24, 2014
Updated November 24, 2014
58 Reviews
3.6
58 Reviews
Rating Trends

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

Review Highlights

Pros
  • Relatively good pay, flexible working schedules (in 6 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 4 reviews)

More Highlights

13 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 (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.  

    Nice company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Roustabout in Accra (Ghana)
    Former Employee - Roustabout in Accra (Ghana)

    I worked at Transocean as a contractor (more than a year)

    Pros

    Good training and mentorship
    Career progression

    Cons

    Salary is lower compared to other drilling contractors

    Advice to ManagementAdvice

    Should look at pay structure

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    6 years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - C&B Manager in Kuala Lumpur (Malaysia)
    Former Employee - C&B Manager in Kuala Lumpur (Malaysia)

    I worked at Transocean full-time (more than 5 years)

    Pros

    international operation and multiculture workforce

    Cons

    biz going down, leadership is worst

    Advice to ManagementAdvice

    need to care people in change

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    It was enlightening, great way to begin an oil & gas career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Art in Lagos (Nigeria)
    Current Employee - Art in Lagos (Nigeria)

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

    Pros

    Relatively good pay, flexible working schedules...you either work 2wks on & off, or a month on & off

    Cons

    It's quite risky & definitely not for everyone.

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    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 (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

  11.  

    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 (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

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