Statoil

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Statoil Reviews

Updated August 10, 2014
Updated August 10, 2014
55 Reviews

3.1
55 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
35 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. 1 person found this helpful  

    Control Systems analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Control Systems Analyst  in  Porsgrunn (Norway)
    Former Employee - Control Systems Analyst in Porsgrunn (Norway)

    Pros

    Big company, new challenges, be a part of something important. In my case I was lucky enough to work on something new and challenging.

    Cons

    Since the company is big and partially owned by the Norwegian State, there's a lot of bureaucracy that sometimes can slow down processes and create problems where there are not.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Constructive consensus based culture, highly process driven

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Calgary, AB (Canada)
    Current Employee - Anonymous Employee in Calgary, AB (Canada)

    Pros

    Process driven ensures the decision making process is structured and not ad hoc
    High quality colleagues - very capable and professional
    Working environment is very positive / healthy
    The opportunity for travel as part of work.
    Norwegian culture is embedded into Statoil.

    Cons

    Building a wide consensus and dealing with process can slow progress
    Absence of leadership in developing projects that are cost competitive
    Statoil advertises a wide array of development possibilities - however accessing these opportunities can be difficult

    Advice to ManagementAdvice

    Statoil needs to focus developing a competitive market oriented culture in terms of project costs, no longer can Statoil rely on their dominant position in Norway and active support by the Norwegian government through fiscal policy in the transition towards a truly global company.

    Recommends
    Neutral Outlook
  3. 1 person found this helpful  

    Great company to work for in Norway

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

    Pros

    Flexible working conditions and relaxed working culture

    Cons

    Slow moving company and poor communication from managers

    Advice to ManagementAdvice

    reduce number of managers

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    All around very good

    • 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

    Pros

    Flexibility, schedule, challenges, colleagues, benefits (U.S. employee). All around better than all of my previous employers both inside and outside of the oil & gas industry.

    Cons

    Less structured than most companies.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Accountant

    • Comp & Benefits
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good social benefits, work environment, internal career development

    Cons

    Lack of constant progress, everything takes time

  7. 2 people found this helpful  

    Ideal WORK/LIFE balance normal training

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

    Pros

    Relaxed environment
    Excellent training
    Company has many places to work for
    You can change your division, as much as you want

    Cons

    Progress in positions could be slow
    Not a great place to start if you would like to have fast growing progress
    Number of trainings per year is little

    Advice to ManagementAdvice

    Please trust young engineers for high responsibility tasks. Increase number of trainings, make it more intensive. Trust performance and development more than your HR and budget. It worked for Exxon, Chevron and Schlumberger, it would definitely work for Statoil.

    Recommends
    Approves of CEO
  8.  

    Best choice if this is what you want to do...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Gas Station Clerk  in  Oslo (Norway)
    Former Employee - Gas Station Clerk in Oslo (Norway)

    Pros

    Good trainee program
    Social programs are nice aswell as the benefits
    You get to meet new people and all days are different

    Cons

    Salary is not high, low OT rate.
    Takes time to get recognized for good work
    You will get tired of making fast food

    Advice to ManagementAdvice

    Create a program for Franchise owners to better understand how to motivate employees.
    Dont be afraid to give people more responsibility

    Recommends
    Approves of CEO
  9.  

    Optimum Work-Life balance, Good Environment, Ok compensation, Poor international Integration and career opportunities

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

    Pros

    The Work-Life balance is great, but this is common in Norway. Compensation and Benefit are good for young engineers. Very nice people and environment, everybody willing to collaborate and help.

    Cons

    Compensation and benefit for experienced professionals is below industry average. Norwegian is the language.
    Top Management positions are almost only for Norwegians
    If you are not proactive is very easy to get bored and feel unsatisfied with your job (many people do as less as possible)

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 3 people found this helpful  

    Good company to work for if you are true Norwegian, wrong place to be if you are an international employee

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

    Pros

    good work/life balance. The company is the right choise for those who are looking for relaxed and stable employment. Good company for housewives and not ambitious people. It is nearly impossible to get fired, unless you come drunk to your work.

    Cons

    No professional growth, guaranteed, unless you are Norwegian or a good friend of someone. Most of employees are just waiting to retire and doing minimum tasks. The company is promoting equal rights, hence a lot of women at all layers of organization and most of them just not capable for their job

    Advice to ManagementAdvice

    Get rid of a lot of useless people, among you as well

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 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

    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

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