Statoil

  www.statoil.com
  www.statoil.com

Statoil Reviews

Updated December 3, 2014
Updated December 3, 2014
70 Reviews
2.9
70 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 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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    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)

    Pros

    Very good salary and benefits.

    Cons

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

    Advice to ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 1 person found this helpful  

    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 (less than an 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
  3. 1 person found this helpful  

    No commitment from employees. Too many managers and expats. Opportunities are given to Norwegians.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Work life balance. Salaries and benefits are also good. Good facilities and work environment. Good learning of oil & gas industry.

    Cons

    The opportunities to grow are given only to Norwegians and friends. A lot of money is spend to keep expats everywhere. Very expensive and empty facilities in fancy locations. Outsourced services which the quality is really poor. The company wants to save in cents, not in dollars.

    Advice to ManagementAdvice

    The management needs more training and capability. The diversification of nationalities is also important.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    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
  6.  

    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
  7.  

    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.

  8. 1 person found this helpful  

    A good place for work- life balance but can be very stressful for an ambitious person/ foreigner/ non-engineer

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

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

    Pros

    Work -life balance. Considering how little I am expected to deliver, compensation is high. Really nice people. A great place for people who have lots of children and look for a relaxing day in the office after a tiring evening at home.

    Cons

    Too laid back and unprofessional. The biggest challenge is that Statoil doesn't seem to know what it wants or what it wants to be. Too political and complex to navigate for an international employee. The meeting culture is really weird and extreme - too many meetings with no agenda or outcomes. You will be challenged and frustrated by the lack of a structured career path and slow career progress. If you are not Norwegian and an engineer your career progress will disappoint you and your learning curve and competitiveness runs a real risk stagnation. Your experience before Statoil will not be valued - it's how long you've been with the company that matters and who you know. Competence and performance are not valued or promoted. Salary levels are lower than industry average (think about 30% for commercial roles) and the situation I described above with all the risks it entails just makes it a no no if you are far from retirement. If you still need a breather form a hectic life and work under a U.S. or U.K. contract, suggest you slap a 30% - 50% risk premium on whatever salary you are thinking of negotiating.

    Advice to ManagementAdvice

    Learn to say what you want and work on your communication skills. Challenge yourself to gain more awareness of the world outside Norway and the markets you operate and sell in.

    Doesn't Recommend
    Neutral Outlook
  9.  

    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
  10.  

    Great

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

    I have been working at Statoil as an intern (less than an year)

    Pros

    Relaxed work environment
    Supportive leaders
    free housing
    always flexible with things
    great HR and tech support
    Lots of projects to work on
    Internship was a great, defined project that was challenging and had room left open for new ideas
    cafeteria had cheap, good food options for lunch (~35 NOK)

    Cons

    not really any time off on an internship but flexible
    Large company, so some bureaucratic things to deal with sometimes

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    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

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