Statoil Reviews

Updated August 24, 2014
Updated August 24, 2014
56 Reviews

3.1
56 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
35 Ratings

Review Highlights

Pros
  • Good work life balance, flexible schedule, chance to play big role in projects (in 14 reviews)

  • If you are permanently based in Norway and want a no hassle work life with good benefits then this is the right choice (in 3 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. 1 person found this helpful  

    Great company to work for in Norway

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

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

    Pros

    Flexible working conditions and relaxed working culture

    Cons

    Slow moving company and poor communication from managers

    Advice to ManagementAdvice

    reduce number of managers

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Had a great time working at Statoil

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Stockholm, Stockholm (Sweden)
    Former Employee - Intern in Stockholm, Stockholm (Sweden)

    I worked at Statoil as an intern

    Pros

    Friendly environment at Stockholm office, I thoroughly enjoyed my time at Statoil. Very open and attentive management who took my input seriously.

    Cons

    The different departments are not always the best at cooperating with each other, but even so, most issues were promptly handled.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    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 for 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
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  5.  

    All around very good

    • 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

    Flexibility, schedule, challenges, colleagues, benefits (U.S. employee). All around better than all of my previous employers both inside and outside of the oil & gas industry.

    Cons

    Less structured than most companies.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    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 for 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
  7. 1 person found this helpful  

    Positively challenging opportunities

    • 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 for more than 10 years

    Pros

    Quality people, gerat values, challenging and dynamic business, global growth, secure processes, one of the most ethical in the oil & energy business, transparent and open

    Cons

    Sometimes slow and cumbersome decision processes

    Advice to ManagementAdvice

    Stay the course but challenge your people to deliver, less reports - more results

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    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 for more than a 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
  9.  

    Accountant

    • Comp & Benefits
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil

    Pros

    Good social benefits, work environment, internal career development

    Cons

    Lack of constant progress, everything takes time

  10.  

    Horrible pay but good hours

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

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

    Pros

    The hours are short so you keep a good work/life balance

    Cons

    Pay is lower than any other company buy a long shot; people promoted to management due to time in company, not their competence; have to be in your job 2 years minimum before you can move; bonus is extremely low for an oil company even when profits are record high; coworkers are there to retire so an overall lazy attitude; Norwegians preferred over foreigners for promotion

    Advice to ManagementAdvice

    Pay people livable wages

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    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

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