Statoil Reviews

Updated February 26, 2015
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  1. 4 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
  2. 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
  3. 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
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  5. 2 people found this helpful

    Not a good company if you are non-Norwegians

    • 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 3 years)

    Pros

    Great place for a laid-back person. If you just want to enjoy the life and to have 1-year parental leave with 80% pay, come to Statoil and try to have lots of children.
    The Statoil values, "open, caring, hands-on, and courageous", sound very attractive to new talents.

    Cons

    1. Noticeable difference between Norwegian and non-Norwegian. If you do not know and do not want to speak Norsk, you will be one of the "mercenaries". If you are good, go to other majors - COP, Shell, or Chevron. They will pay and value you much more
    2. So many unprofessional behaviors, such as discrimintative language, social isolation are permitted as long as no physical conflicts are involved
    3. Heavy in decision making and process. The decision seems never to be made during the team discussion. It will be made in the coffee bar by a few Norsk-speaking folks
    4. No team-working or integration at all. Everyone builds the railway by himself/herself. Many times it is funny to see the train can not run through the railway
    5. Being competitive is a big 'no-no'. Inititiative of striving for improvement will be treated as a "threat" or "show-off"

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 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
  7. 2 people found this helpful

    Great Company incompetent people

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

    I worked at Statoil full-time

    Pros

    Salary, Bonus, Insurance, 50% discount at the café, way too many team building events with less work, way too laid back

    Cons

    open plan office, too noisy, no professionalism, lazy employees, no accountability, management/ managers and leaders close their eyes, too much of favoritism, gossips, ill treating contractors, rude behavior.

    Advice to ManagementAdvice

    Norway executive management to make employees accountable in achieving results. Get rid of lazy employees sitting and wasting their time. Many show up late, keep track of them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 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
  9. 4 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

    I have been working at Statoil full-time (more than a year)

    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
  10. 2 people found this helpful

    Spending dollars saving pennies

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

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

    Pros

    Statoil have a relatively flat organization where one as an employee can handle projects quite on your own as long as you deliver and show results. I.e. leaders will not interfere too much which I appreciate. If you have a solid knowledge of your specific field and is secure on yourself, you can do a difference. My personal experience is that my closest manager gives me free reins with what I do.
    Working hours are like in Norway good (regulated by law), and you can normally decide how you use your time. If you have a sick child, nobody will raise their eyebrows if you're home to take care of your child. So if you're a young professional starting in this industry, Statoil is a good place to get experience.

    Cons

    To much money is spent on wastless studies by external companies because project leaders don't have enough broad knowledge and thus don't trust internals with the required background. This leads to what I like to call decision paralysis requiring even more studies!
    Statoil have a lot of technical requirements, which is typical for the oil industry. However there is a resistance to change these when knowledge shows that it should be done.
    Now Statoil wishes to save money by saving pennies instead of saving dollars. This is done by taking away benefits we have had like fruit baskets (from a company for people with disabilities. Social responsibility?), food assortment in the cantina etc.
    Restrictions to travel is another issue. To travel overseas needs approval by top management. I dare say on one occasion that with less restrictions, the company could had saved X. Not to talk about these studies...
    One should bear in mind that Statoil being Norways largest company can't pay as much as foreign oil companies thus pays less because it would raise the average pay level in Norway. All very understandable. With this backdrop it will be less interesting to stay by the company when one have enough knowledge to seek better opportunities elsewhere.

    Advice to ManagementAdvice

    Start listening to individuals one by one over a coffee or something, and not from middle/top management.

    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful

    Good company. Incapable, unqualified, inexperienced management - all across the board

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

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

    Pros

    Good benefits, flexible work (at least that's what they promote)

    Cons

    Terrible Management. Wrong people are in wrong places

    Advice to ManagementAdvice

    Incapable to accept advice

    Negative Outlook
    Approves of CEO

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