Statoil Reviews

Updated June 27, 2015
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3.2
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Recommend to a friend
Approve of CEO
Statoil President and CEO Eldar Sætre
Eldar Sætre
4 Ratings

Pros
  • They get exactly what work life balance means (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
  • Heavy in decision making and process (in 6 reviews)

  • No respect for the international employees (in 4 reviews)

More Pros and Cons

76 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (1)

    Great company to work for

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

    I worked at Statoil

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I enjoyed the corporate culture and the emphasis on work/life balance.

    Cons

    Company expects you to hit the floor running without a structured training program.

    Advice to Management

    Provide additional training opportunities to those new to the company.


  2. Helpful (4)

    Lots of Potential, drowning in own processes, and preferential to Norwegian employees

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil full-time

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Great benefits, heavy investment in North America and Unconventionals.

    Cons

    Very process driven. Slow to make decisions. Preferential to Norwegian employees. Lack of competitive spirit, way to risk averse.

    Advice to Management

    Listen to the employee base, take some risks, cut the fat.


  3. accountant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil

    Neutral Outlook
    No opinion of CEO
    Neutral Outlook
    No opinion of CEO

    Pros

    Great benefits, 9/80 schedule, subsidized meals

    Cons

    Inefficiencies, lots of red tape

    Advice to Management

    Hire people who know the job.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Wellsite Supervisor

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company atmosphere, everyone is eager to help you with any situations that may arise.

    Cons

    No real downsides, besides tons of paperwork

    Advice to Management

    Keep up the good work.


  6. Helpful (1)

    Leaders need to learn before leading others - GBS Houston

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

    I have been working at Statoil full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    WLB - Excellent!
    Benefits - Excellent!
    Company ethics, efforts, R&D, - Excellent!

    Cons

    GBS - Management don't care for experienced and hard working employees.
    Management keeps tab specifically on hard working employees..
    Late comers continue their traits, management keeps their eyes closed while screwing honest employees. No departments, lacks SOD, Treasury does procurement and JV functions. Financial Services bombards Revenue and JV. Too much of compliance talk. Keeps ripping people off left and right. The leader lacks management skills, need a definite change there.

    Advice to Management

    Norway, please look into it ASAP. Hire efficient leaders who are selfless and constantly mentor employees. Help to clear hostile environment. Statoil is such a great company, please help to keep the morale of hardworking employees.


  7. Leader Property Accounting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil full-time

    Neutral Outlook
    Neutral Outlook

    Pros

    There are really good career opportunities at Statoil

    Cons

    There is lack of ife/work balance at Statoil.


  8. Sr. Admin Asst.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Administrative Assistant in Houston, TX
    Former Employee - Senior Administrative Assistant in Houston, TX

    I worked at Statoil

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great benefits offered to all employees

    Cons

    Reorganize a lot causing uneasiness.

    Advice to Management

    Consider the 'caring' and 'open' core values more often.


  9. Helpful (2)

    Statoil needs to understand culture when working outside of Norway. All they do is based on how its done in Norway.

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good work life balance is discussed and sometimes followed.The company is very organized in its procedures and when they are followed properly than they work.

    Cons

    Unless you are Norwegian than the chances of advancement are slim at best. Senior management also needs to really understand how business is done in countries outside of Norway. Salaries compared to the rest of industry are lower without question.

    Advice to Management

    To be a global company Statoil need to embrace a world attitude and work within countries and their traditions.


  10. Overall Work Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Mobility/Human Resources in Houston, TX
    Current Employee - Global Mobility/Human Resources in Houston, TX

    I have been working at Statoil full-time (More than 3 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Good benefits, work life balance

    Cons

    Very centralized from Norway, not a lot of growth in company, very little training opportunities


  11. Statoil is a great company to work for. The environment and people that you work with truly stand out in the industry.

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Environment
    Benefits
    Culture
    People

    Cons

    Salary
    Limited personal growth within the company.



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