Statoil Reviews

Updated October 17, 2014
Updated October 17, 2014
66 Reviews
2.9
66 Reviews
Rating Trends

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Statoil President and CEO Helge Lund
Helge Lund
44 Ratings

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (in 20 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 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.  

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

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

    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 ManagementAdvice

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

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Young, ambitious and family friendly

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

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

    Pros

    Flexi time, good experience exposure, many opportunities to,do different things

    Cons

    pay generally lower than peers, not very diverse at the top, not much ezperience in training and processes and systems.

    Advice to ManagementAdvice

    Get closer to people, develop your people

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    fine and friendly atmosphere to work in.

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

    I worked at Statoil as a contractor (more than an year)

    Pros

    as it is mentioned above, friendly atmosphere, regular payments, fine services as well.

    Cons

    I canot pin point any.

    Advice to ManagementAdvice

    keep going.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Good work/life balance, slow pace growth

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

    I have been working at Statoil

    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 ManagementAdvice

    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.

    Recommends
    Approves of CEO
  6. 2 people found this helpful  

    Very good experience and training.

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

    I have been working at Statoil

    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 ManagementAdvice

    look at the employees benifits and compensations.

    Approves of CEO
  7.  

    Politically driven, corrupted in Canada

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

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

    Pros

    laid-back, some nice people, nice office space

    Cons

    bad management, zero opportunities to grow, corruption embedded in some critical depts.

    Advice to ManagementAdvice

    change the management

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 1 person 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
  9. 1 person found this helpful  

    Houston office is not there yet.

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

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

    Pros

    Very good salary and benefits.

    Cons

    Inexperienced management that look only to their own careers. Locals treated as second class employees.

    Advice to ManagementAdvice

    Actually live the values with your reports. Lead others instead of focusing on your own careers.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10. 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
  11.  

    They said they are a global company but they are not

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

    I have been working at Statoil full-time

    Pros

    Salaries and benefits
    Friendly co-workers; Open communication
    Great company for Norwegians or if you just want to comfortable work place until retirement. It is not a good company for international staff who are ambitious and want to have a successful career

    Cons

    Extremely micro managed. Most decisions are made in Norway though head quarter doesn't understand how to run business in the US or onshore.
    No real growth potentials for international staff. Most senior positions are continuously filled by Norwegians, even in positions where local should have advantages (e.g. Government and Public Affairs)
    Disciplines with least diversity/globalization are Drilling & Wells and Finance

    Advice to ManagementAdvice

    If the Company is as serious in globalization as top management says, they should be HUMBLE (one of the company's Values) to recognize that they need international talents to make the company a successful global company.
    Stop using North America as a training ground for Corporate's favorite kids.
    Less focus on politics and more focus on performance in your decisions

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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