Statoil

  www.statoil.com
  www.statoil.com

Statoil Reviews

Updated December 19, 2014
Updated December 19, 2014
71 Reviews
2.9
71 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
46 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.  

    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
  2. 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
  3. 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
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  5. 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 (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
  6.  

    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 (more than an 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
  7.  

    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
  8.  

    Good company to work for...if you are above 30 and want to spent a lot of time with your family.

    • 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

    Probably the best work/life balance in the world. My colleagues are very friendly, line manager would always approve my holiday, in fact he would suggest to take a longer/better break.

    Cons

    No pressure, no stress...but it might lead to a very relaxed lifestyle...not sure if it is any good for productivity though.

    Advice to ManagementAdvice

    apply more international approach to future development of the company.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    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 (less than an 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
  10.  

    1 year experience

    • 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

    Pros

    Great environment. Working time till 15-16h.

    Cons

    You can get too lazy

    Recommends
    Approves of CEO
  11. 2 people found this helpful  

    The worst choice if you are young international engineer

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

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

    Pros

    Work life balance is the best thing about Statoil. You will never lose your job, compared to other companies job security is good. Good if you are planning to retire and to relax.

    Cons

    The worst place for international young engineers to start their career. If you are ambitious person this is not your place. Norwegians are preferred more for promotion than internationals. Incredible bureaucracy in process, even for simple things. Although company is now seeming to be more international, still inside it is very Norwegian. Promotions are done based on years not on responsibility, very discouraging environment. Especially Statoil's research unit is the hub for plenty of pension guys. Many managers but job is done by very few people. Few people are trying to do difficult job(engineer, and mostly junior ones) but those are discouraged, people in the long run discover that engineer does not mean a thing for the company but manager does. Therefore number of managers are huge(unnecessarily huge). Company's salary is well below it's competitors. Company's so called development program for the young engineers is very much dependent on the budget: means that if manager decides that your development program is costly, even if it was created for you well in advance, basically they can delay your development program. Most of Statoil's competitors conquer Statoil at competence, culture, benefits and package. Norwegians has their own mafia here. No respect for the international employees. Many international employees quit their work after some short of time of work at company(3-5 years). Although it is claimed that HR will stand and defend you when you are right, they defend leaders. Sometimes even young employees that are new to industry, do not get training, conferences and exciting projects for 3 years!!!
    Other companies such as Chevron, Shell, ExxonMobil, Schlumberger with defined corporate culture which is based on performance and competence will always be better.
    HR of Statoil mostly does not understand that they are also vulnerable, and if they do not employ necessary people for necessary places, the system degradation is the matter of time.

    Advice to ManagementAdvice

    Respect your employees especially engineers, they make differences not managers. Try to establish systems that do not depend on budget, but that are must. In today's world if you can't offer an engineer consistent development and structured plan for it forget about recruiting top class engineers and graduates. Because you are competing on that side as well with other better companies. Become an oil and gas company with the salary and benefits level of oil and gas company. Respect and trust to your international employees, they are the ones that will help you to develop into international company if you let and encourage them do it. Sometimes you want to achieve things without giving anything, in today's world it is not possible. Statoil is the company that bases its business on engineering of oil and gas field development, that largely depends on technical aspects and engineering of these systems(which are very complex). Selling of the products are just simple things, but engineering systems that produce it are difficult. Understand that you need more competent engineers not managers. First of all try to implement those values yourself instead of making every employee learn by heart. The system implementation requires more than just putting them on paper, it will require complete understanding the importance of diversity and discrimination, and why discrimination can ruin the things.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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