Statoil Reviews

Updated April 1, 2015
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3.0
79 Reviews
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Statoil President and CEO Eldar Sætre
Eldar Sætre
49 Ratings

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (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
  • Project management take be really frustrating as decision making takes long time (in 6 reviews)

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

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Overall Work Experience

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

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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.

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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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  5. Analyst

    • 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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great culture and benefits.
    Ability to drive your own career.

    Cons

    Everything has to go through multiple memos and approvals in the Houston office as well as in Norway offices.
    Decisions are not made quickly and require consensus.

  6. Helpful (4)

    Very Technologically advanced, not really a "feel good" company

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great benefits, time off, pay. If that's all you need to be satisfied, this is a great place to be.

    Cons

    Some positions are very boxy and don't offer any variety. You are not allowed to take on responsibilities not in your job description without permission from higher ups which I think discourages teamwork.
    Major bureaucracy.
    Rules are not meant to be broken. When they say that you have to have certain qualifications for a position, they will not bend that rule, no matter how good you might be at the job without the certification. They would allow me to do all of the work for the position, even giving me bigger and more complex tasks but staunchly refusing to promote because I hadn't been to college.
    Very slanted toward the Norwegians - that's who you'll find in most of the management positions, and their opinion for the most part is that Americans don't really know how to do anything the right way. If you don't mind being treated like an idiot day in and day out, then this is the place for you.`

    Advice to Management

    Remember that you are the foreigner. You are coming to this country to do business, you DO need to take on some of the peculiarities of the region, you need to embrace us as much as you need for us to embrace you.. Don't have to be so abrasive.

  7. Helpful (4)

    Revenue accountant

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

    I worked at Statoil full-time (more than a year)

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Great benefits and work life balance. Great location it you live on the south west side of houston. Easy access to belt way eight.

    Cons

    The revenue accounting lead is very rude an unprofessional. The lead has no revenue experience and poor management skills.

    Advice to Management

    Need to replace the revenue lead with someone who is experience in revenue accounting.

  8. 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

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

    Pros

    Values, Culture, Benefits, career opportunities

    Cons

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

  9. Helpful (1)

    Houston office is not there yet.

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

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

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

    Pros

    Very good salary and benefits.

    Cons

    Inexperienced management that look only to their own careers. Locals treated as second class employees.

    Advice to Management

    Actually live the values with your reports. Lead others instead of focusing on your own careers.

  10. 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

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

    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 Management

    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

  11. Helpful (3)

    Incompetent Management

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

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

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

    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 Management

    Review your choice in Revenue Accounting lead.

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