Statoil Reviews

Updated September 2, 2015
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88 Employee Reviews

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  1. Summer Student

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Reservoir Engineer in Porsgrunn (Norway)
    Former Employee - Reservoir Engineer in Porsgrunn (Norway)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great benefits, very good working environment, excellent people to work with, very easy to navigate the company

    Cons

    If not Norwegian it can be difficult to move up in the company, sometimes upper management decides to take back any and all benefits

    Advice to Management

    You have many international workers and sites now, perhaps management policies should reflect this instead of being stuck in a Norwegian sense of things.


  2. Helpful (1)

    It started out great, but over time it has become disappointing.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Accountant in Houston, TX
    Current Employee - Senior Accountant in Houston, TX
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Benefits, 9/80 work schedule, subsidized meals

    Cons

    Career growth is tied to Norwegian culture, which is very flat & socialistic.

    Advice to Management

    Less expats more locals....locals are a lot cheaper and more knowledgeable.


  3. Helpful (2)

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

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

    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 Management

    Incapable to accept advice


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (6)

    Great benefits, mediocre operations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Houston, TX
    Current Employee - Senior Analyst in Houston, TX
    Doesn't Recommend
    Negative Outlook

    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 Management

    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.


  6. Overall Work Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Mobility/Human Resources in Houston, TX
    Current Employee - Global Mobility/Human Resources in Houston, TX
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good benefits, work life balance

    Cons

    Very centralized from Norway, not a lot of growth in company, very little training opportunities


  7. accountant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    No opinion of CEO

    Pros

    Great benefits, 9/80 schedule, subsidized meals

    Cons

    Inefficiencies, lots of red tape

    Advice to Management

    Hire people who know the job.


  8. Helpful (6)

    Lots of Potential, drowning in own processes, and preferential to Norwegian employees

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I have been working at Statoil full-time

    Pros

    Great benefits, heavy investment in North America and Unconventionals.

    Cons

    Very process driven. Slow to make decisions. Preferential to Norwegian employees. Lack of competitive spirit, way to risk averse.

    Advice to Management

    Listen to the employee base, take some risks, cut the fat.


  9. Helpful (1)

    Great Company!

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

    Pros

    - Great Medical benefits. - Great 401 K plan - Great compensation and bonus plan - Great European culture. - Great Office outlook

    Cons

    - Statoil GBS is still working on improving process and getting organized. - Global team leader an IT guy, lacks qualities to be a good leader over a accounting team, due to which JV, Audit, Treasury, and Internal Tax is dealing with unreasonable expectations, bad communication and no support. Statoil values are being butchered by this leader.

    Advice to Management

    I agree with another post regarding getting feedback from employees about their leader. Management should look into evaluating this leader and taking correct action accordingly.


  10. Helpful (2)

    Very good experience and training.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Engineer
    Current Employee - Process Engineer
    Approves of CEO

    Pros

    the flexibility within statoil is the best thing one can experience

    Cons

    the benifits one gets from statoil are so bad if compared to other companies.

    Advice to Management

    look at the employees benifits and compensations.


  11. Helpful (1)

    Good work/life balance, slow pace growth

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Graduate Consultant in Stavanger (Norway)
    Current Employee - Graduate Consultant in Stavanger (Norway)
    Recommends
    Approves of CEO

    Pros

    Statoil has one of the best work and life balance in the market. Working culture, depending on the business area (I work in Development & Production Norway) is very relaxed, including dress code. If you work for Statoil in Norway, the employment gives you some strange status.

    Cons

    Career development is very slow and for foreign graduates, Norway with it's cultural values can be really difficult to cope with. Project management take be really frustrating as decision making takes long time. Norway as a country to live in will challenge you as well, both cost-level wise and people-wise.

    Advice to Management

    Be more inclusive towards international employees. Compensation must be aligned with the market if the management wishes to stop the increasing turn-over among young people. Internal processes must be simplified and this should not take 5 years, but be rather executed fast track.



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