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There are newer employer reviews for Statoil

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Helpful (1)

Solid ship headed into rougher weather

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Stavanger (Norway)
Current Employee - Anonymous Employee in Stavanger (Norway)
Recommends
Neutral Outlook
Approves of CEO

I have been working at Statoil full-time (More than 5 years)

Pros

Fantastic work/life balance, and company of high ethical integrity. CEO Lund is smart and sincere man with conservative values tempered by Scandinavian sense of humanity. Being a majority state owned company in social democratic Norway has contributed to a generous cushion of labour rights and entitlements. Statoil has developed leading world-class technologies and uses them both to optimize hydrocarbon recovery and find socially and environmentally responsible solutions to adverse effects of oil and gas production.

Cons

Statoil is a company in transition, like most other oil majors in one way or another. Norway and Statoil's generosity is often taken for granted by Norwegian employees. The company is wrought with cumbersome bureaucracy and too many internal stakeholders getting in the way of needed greater expediency. Management trying to streamline processes and trim fat to maintain global competitive edge and economic viability in face of tighter margins, but they frequently come across as blunt, callous and clumsy to Norwegian workforce, subsequently diminishing morale and loyalty. The company's turn away from developing renewable energy since the merger with Hydro in 2007 has disappointed many employees. Many also question the ethics of Statoil's investments in oil sands and shale gas and would at least like to see us take the lead in mitigating the environmental and social downsides of those pursuits. The decision and probable necessity to expand internationally is unfortunately contributing to Statoil losing its soul and becoming like many other mega multinational oil companies.

Advice to Management

Insist on cutting costs through even greater expediency. Don't waste time and resources on appeasing the consensus and likewise don't let clueless managerial tyrants waste the time, resources and creative energy of individuals and teams by insisting on tiresome non-necessities. Despite company's efforts to streamline processes, many still don't get it.

Other Employee Reviews for Statoil

  1. Helpful (1)

    Slow-paced, but very friendly environment...place to take some rest and relax

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stavanger (Norway)
    Current Employee - Anonymous Employee in Stavanger (Norway)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Statoil full-time (More than a year)

    Pros

    Medium pay, but very short hours and managers are very flexible when it comes to holidays or simply long weekends. All business travel times outside of working hours is paid as extra time. The environment at work is very nice and friendly...Flowers, cakes, waffles, yoga, good gym...

    Cons

    A lot of old employees - result, very slow pace business environment, most of them, unfortunately, simply wait to retire and get that super pension. No challenge in daily activities. When promoting to new or expatriate positions managers are somewhat favourable to norwegians - which is an understandable issue, but when they hire international people they emphasize that opportunities are equal. Norwegian language recently became an issue, this is no longer real international company - you are told very straightforward that they want you to speak Norwegian - no proper training is provided though. And it requires some efforts to reach some level of proficiency in it...and you are really not sure what to do with it later on in your life...unless you plan to relocate to a country of "perma" autumn/winter...

    Advice to Management

    Instead of cutting costs on fruits try to stimulate people to save money for the company and not always being contractor friendly...it is harder to do but will save you much more


  2. Not bad

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good atmosphere at the workplace

    Cons

    can't figure out what they are doing


There are newer employer reviews for Statoil
There are newer employer reviews for Statoil

See Most Recent

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