Statoil Reviews

Updated September 16, 2014
Updated September 16, 2014
60 Reviews
3.1
60 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
38 Ratings

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (in 14 reviews)

  • If you are permanently based in Norway and want a no hassle work life with good benefits then this is the right choice (in 3 reviews)


Cons
  • Project management take be really frustrating as decision making takes long time (in 5 reviews)

  • Many international employees quit their work after some short of time of work at company(3-5 years) (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to work!

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

    I have been working at Statoil full-time

    Pros

    Values, Culture, Benefits, career opportunities

    Cons

    complex governance...difficult to implement change and make progress

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    They said they are a global company but they are not

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

    I have been working at Statoil full-time

    Pros

    Salaries and benefits
    Friendly co-workers; Open communication
    Great company for Norwegians or if you just want to comfortable work place until retirement. It is not a good company for international staff who are ambitious and want to have a successful career

    Cons

    Extremely micro managed. Most decisions are made in Norway though head quarter doesn't understand how to run business in the US or onshore.
    No real growth potentials for international staff. Most senior positions are continuously filled by Norwegians, even in positions where local should have advantages (e.g. Government and Public Affairs)
    Disciplines with least diversity/globalization are Drilling & Wells and Finance

    Advice to ManagementAdvice

    If the Company is as serious in globalization as top management says, they should be HUMBLE (one of the company's Values) to recognize that they need international talents to make the company a successful global company.
    Stop using North America as a training ground for Corporate's favorite kids.
    Less focus on politics and more focus on performance in your decisions

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Incompetent Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Rev Acct ( Acct Recs)  in  Houston, TX
    Current Employee - Senior Rev Acct ( Acct Recs) in Houston, TX

    I have been working at Statoil as a contractor for less than a year

    Pros

    Great coworkers. Friendly work environment. Work life balance in General is OK, except for Quarterly close.

    Cons

    GBS USA revenue accounting is lead by an incompetent Lead (i.e. No revenue accounting knowledge or experience). Lead's her newly appointed Team Leads are incompetent as well. Screaming at team members are the norm for the three of them. Abundance of false information is used against the team as well.

    Advice to ManagementAdvice

    Review your choice in Revenue Accounting lead.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Good benefits, flexible schedule & no micromanagement

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

    I have been working at Statoil full-time for more than a year

    Pros

    Benefits, Schedule, Goal oriented, Encourages work-life balance.

    Cons

    Too much staff in some departments, not enough in others. Network & IT cause too many issues and working remotely can be difficult.

    Recommends
    Positive Outlook
  6.  

    Bad values in values-focused company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Chief Cook and Bottle Washer  in  Norway, MI
    Current Employee - Chief Cook and Bottle Washer in Norway, MI

    I have been working at Statoil full-time for more than 5 years

    Pros

    Good work life balance, flexible schedule, chance to play big role in projects

    Cons

    Actively practice discrimination against non-Norwegians. Norwegians get the easiest jobs, easiest hours, best projects, most resources and best ratings. All of this from a company and country that believes it is the most fair minded of them all.

    Advice to ManagementAdvice

    Get better lawyers as once the real word gets out, you will be sued out of your pants.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    great comopany

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

    I worked at Statoil full-time for more than 3 years

    Pros

    great company to network with

    Cons

    on the job training is a beast

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Great benefits, mediocre operations

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

    I have been working at Statoil full-time for more than a year

    Pros

    Good salary, great other compensation if you're around long enough to be vested. Great insurance and other benefits. Flexible work schedule, generally decent work/life balance and enjoyable atmosphere to work in.

    Cons

    Lack of leadership in the US area, and some questionable decisions on who they've placed in certain job roles. Recent change to overall corporate growth strategy has created some uncertainty, although ultimately could be good for the company. If you're not Norwegian there's little opportunity for advancement. They're currently outsourcing some job areas so it's difficult to recommend that anyone leave a job they're happy with to come here.

    Advice to ManagementAdvice

    Decide on a clear strategy for the company, specifically the US, and put the right people in place to accomplish that vision in the right manner.

    Doesn't Recommend
    Negative Outlook
  9. 2 people found this helpful  

    Good company. Incapable, unqualified, inexperienced management - all across the board

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

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

    Pros

    Good benefits, flexible work (at least that's what they promote)

    Cons

    Terrible Management. Wrong people are in wrong places

    Advice to ManagementAdvice

    Incapable to accept advice

    Negative Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Phenomenal company to work for!

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

    I worked at Statoil full-time for more than a year

    Pros

    Great salary and benefits they p ay 100% of all medical and dental insurance at the PPO level. They also offer insurance for elderly parents through MetLife, it is awesome insurance and a very low cost. They also are a very family conscienous company. They get exactly what work life balance means.

    Cons

    Not much room for growth and development

    Advice to ManagementAdvice

    Continue to create opportunities for advancement and growth.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Great Company incompetent people

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

    I worked at Statoil full-time

    Pros

    Salary, Bonus, Insurance, 50% discount at the café, way too many team building events with less work, way too laid back

    Cons

    open plan office, too noisy, no professionalism, lazy employees, no accountability, management/ managers and leaders close their eyes, too much of favoritism, gossips, ill treating contractors, rude behavior.

    Advice to ManagementAdvice

    Norway executive management to make employees accountable in achieving results. Get rid of lazy employees sitting and wasting their time. Many show up late, keep track of them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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