Statoil Reviews

Updated September 13, 2014
Updated September 13, 2014
59 Reviews
3.1
59 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. 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
  2. 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 for 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
  3.  

    Slow-paced, but very friendly environment...place to take some rest and relax

    • 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 for more than a year

    Pros

    Medium pay, but very short hours and managers are very flexible when it comes to holidays or simply long weekends. All business travel times outside of working hours is paid as extra time.
    The environment at work is very nice and friendly...Flowers, cakes, waffles, yoga, good gym...

    Cons

    A lot of old employees - result, very slow pace business environment, most of them, unfortunately, simply wait to retire and get that super pension. No challenge in daily activities. When promoting to new or expatriate positions managers are somewhat favourable to norwegians - which is an understandable issue, but when they hire international people they emphasize that opportunities are equal. Norwegian language recently became an issue, this is no longer real international company - you are told very straightforward that they want you to speak Norwegian - no proper training is provided though. And it requires some efforts to reach some level of proficiency in it...and you are really not sure what to do with it later on in your life...unless you plan to relocate to a country of "perma" autumn/winter...

    Advice to ManagementAdvice

    Instead of cutting costs on fruits try to stimulate people to save money for the company and not always being contractor friendly...it is harder to do but will save you much more

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    SAP PAYROLL /HR

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

    I worked at Statoil as a contractor for more than a year

    Pros

    Best place to wok.
    Excellent team to work with.
    Friendly environment.

    Cons

    I did not see any

    Recommends
    Approves of CEO
  6.  

    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
  7.  

    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.

  8. 3 people found this helpful  

    Great on paper, pretty good in practice

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

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

    Pros

    Good salary and benefits. Work / life balance also good.

    Cons

    Don't treat people as well as lofty "corporate values" would have you believe. If you are not an engineer or scientist type, you are really a second class citizen here.

    Advice to ManagementAdvice

    Management in USA needs major assistance. Please send help Norway!

    Recommends
    Negative Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Very Norway Focused-Lacks Understanding of American Culture-Execs are ALWAYS Right

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

    I worked at Statoil full-time for more than 5 years

    Pros

    Business complex is good; benefits are good

    Cons

    Favoritism of the Norwegians is definitely obvious

    Advice to ManagementAdvice

    Consider development of career paths for ALL employees; not just ones you have identified. Strongly suggest some cultural diversity awareness training. Management has not realized that many times translations are lost between languages. Consider having only English spoken in the office. All employees should have equal rights & access to upper management, HR, etc. Too much executive intimidation.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Statoil has more cash than more brain!

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

    I worked at Statoil for more than 3 years

    Pros

    Company is a NOC, so they have access to funding. Yes, work life balance, but this is not a competency as by time you will lose your competencies.

    Cons

    Slow, very process oriented, only Norwegian can go up the ladder, decisions are taken behind closed doors, very command and control company despite they show off collaboration. Not the top pay in industry. Very slow learning curve, no development plan whatsoever, expect you to follow the orders.

    Advice to ManagementAdvice

    No surprice that Statoil is the worst performer among the peer group in 2011-2013. Open your eyes and come to your senses. This company need a complete revisit to its strategic view.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    A great place with great people

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

    I worked at Statoil as a contractor for less than a year

    Pros

    A workplace where you are taken care of by the organization. You are surrounded by great people who value your work.

    Cons

    Work can get routine and boring sometimes.

    Advice to ManagementAdvice

    Bring more Canadians into senior roles of the company.

    Recommends
    Positive Outlook

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