Statoil

  www.statoil.com
  www.statoil.com

Statoil Reviews

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

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  1. 2 people found this helpful  

    STATOIL = (few humble+honest+loyal+excellent professionals) - (hundreds of cynical/useless/political careerists)

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

    I have been working at Statoil full-time

    Pros

    The globally integrated company with a lot of interesting activities. You can meet some bright people here (but very very few). An OK salary and benefits.

    Cons

    The Norwegian trust-based horizontal corporate culture has effectively developed this company over years. Nowadays, unfortunately, many cynical careerists use trust for their own benefit and do nothing but show off. Meetings, presentations, emails - seem to be endless with zero productivity. Teamwork does not have any meaning here, instead just bunch of cynical individuals playing politics. Decisions are based on personal subjective view. If you want to be identified as young talent - just don't express any opinion, keep silent, always smile, please "managers" and help them with their political games then you will get promotion and good assignments.

    Advice to ManagementAdvice

    You are loosing your creditability, wake up. The cynical careerists who lead you businesses internationally simply don't deserve all trust and power which you gave them. Talk to ordinary employees, not through the anecdotic leadership teams, and you will know more.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    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.

  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.  

    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
  6.  

    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
  7. 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
  8. 3 people found this helpful  

    Are you lazy and unambitious? Statoil is the right company for you...

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

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

    Pros

    Extreme work-life balance, good perks for everyone regardless of performance, very flexible leadership, paid overtime, 5 weeks of holiday, flexible work hours.

    Cons

    The company is only good for Norwegians. Foreigners will stay low in the organization regardless how smart they are and hard they work. How long you have been around will determine who is promoted. Lack of decisive decision making. Powerless leaders. The company makes people lazy as working more/harder does not get you anywhere. No performance-based culture. No true commitment to personal and professional development. Extreme bureaucratic organization.

    Advice to ManagementAdvice

    Invest in the right leadership profiles, promote more international in key positions to become a true global company with a multicultural mindset, stop giving to those who do not work/deliver, build a true performance based culture, lay-off lazy employees, streamline your governance.

    Doesn't Recommend
    Neutral Outlook
    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)

    I have been working at Statoil full-time

    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.  

    Ideal company if you are Norwegian and want to work 0900 to 1500.

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

    I worked at Statoil full-time (more than 3 years)

    Pros

    If you are permanently based in Norway and want a no hassle work life with good benefits then this is the right choice.

    Cons

    Low glass ceiling for non Norwegians
    General caliber of staff much inferior to what you would encounter in majors or large independents
    Good if you want to cruise but not a good environment for ambitious international employees who need to stay competitive on the international job market
    Gender diversity focus results in very underqualified staff in senior roles
    Complete absence of performance culture and accountability

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  11. 4 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

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

    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

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