Statoil

  www.statoil.com
  www.statoil.com

Statoil Reviews

Updated November 3, 2014
Updated November 3, 2014
69 Reviews
2.8
69 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (in 20 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 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

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  1. 1 person found this helpful  

    Positively challenging opportunities

    • 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 (more than 10 years)

    Pros

    Quality people, gerat values, challenging and dynamic business, global growth, secure processes, one of the most ethical in the oil & energy business, transparent and open

    Cons

    Sometimes slow and cumbersome decision processes

    Advice to ManagementAdvice

    Stay the course but challenge your people to deliver, less reports - more results

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Excellent compensation, benefits and training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Drilling Engineer
    Current Employee - Drilling Engineer

    I have been working at Statoil

    Pros

    Excellent pay, one of the highest starting salaries in the oil industry
    High level of respect between coworkers, very ethical and high moral standards
    Excellent training, both regarding the drilling field and general management
    Large amount of freedom to do extra training modules that are not requisite of the position

    Cons

    very strict rules, often good, but at times overbearing, such as not being able to work longer than specified work week without asking permission to work overtime.

    Advice to ManagementAdvice

    Really can not think of much feedback, as I'm very happy with the company and work, only potential improvement would be in making it easier for junior employees to obtain international positions.

    Recommends
    Approves of CEO
  3.  

    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)

    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 ManagementAdvice

    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.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Very good company to work with, although in need of better top management.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil

    Pros

    Very good work environment.
    Good benefits and salarires.

    Cons

    Need to improve its policies or at least develop them.
    The company should stop thinking that outsourcing is The best solution for financial problema.

  6.  

    Data Management Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Management Manager in Stavanger (Norway)
    Current Employee - Data Management Manager in Stavanger (Norway)

    I have been working at Statoil full-time (more than 8 years)

    Pros

    Good work-life balance, compensation and benefit are good for experienced people, positive environment and knowledge exchange within and among various disciplines.

    Cons

    Poor international integration and career opportunities due to stiff approach by upper management.

    Positive Outlook
    No opinion of CEO
  7.  

    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 (more than an 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
  8.  

    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 (more than 3 years)

    Pros

    great company to network with

    Cons

    on the job training is a beast

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Solid ship headed into rougher weather

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Stavanger (Norway)
    Current Employee - Anonymous Employee in Stavanger (Norway)

    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 ManagementAdvice

    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.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Not bad

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

    I worked at Statoil

    Pros

    Good atmosphere at the workplace

    Cons

    can't figure out what they are doing

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great company to work for

    • 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

    Very laid back environment. Not too stressful.

    Cons

    Working as contract employee so no benefits.

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