Statoil Reviews

Updated September 13, 2014
Updated September 13, 2014
59 Reviews
3.1
59 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Statoil President and CEO Helge Lund
Helge Lund
38 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.  

    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

  2.  

    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
  3.  

    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
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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  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Process Engineer  in  Caracas, Capital District (Venezuela)
    Current Employee - Process Engineer in Caracas, Capital District (Venezuela)

    I have been working at Statoil

    Pros

    Good ambient, good salaries, good place for living

    Cons

    Multicultural team, some times no easy to handle

    Advice to ManagementAdvice

    more pro-active

    Doesn't Recommend
  7. 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
  8. 2 people found this helpful  

    Ideal WORK/LIFE balance normal training

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

    I have been working at Statoil

    Pros

    Relaxed environment
    Excellent training
    Company has many places to work for
    You can change your division, as much as you want

    Cons

    Progress in positions could be slow
    Not a great place to start if you would like to have fast growing progress
    Number of trainings per year is little

    Advice to ManagementAdvice

    Please trust young engineers for high responsibility tasks. Increase number of trainings, make it more intensive. Trust performance and development more than your HR and budget. It worked for Exxon, Chevron and Schlumberger, it would definitely work for Statoil.

    Recommends
    Approves of CEO
  9.  

    Best choice if this is what you want to do...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Gas Station Clerk  in  Oslo (Norway)
    Former Employee - Gas Station Clerk in Oslo (Norway)

    I worked at Statoil

    Pros

    Good trainee program
    Social programs are nice aswell as the benefits
    You get to meet new people and all days are different

    Cons

    Salary is not high, low OT rate.
    Takes time to get recognized for good work
    You will get tired of making fast food

    Advice to ManagementAdvice

    Create a program for Franchise owners to better understand how to motivate employees.
    Dont be afraid to give people more responsibility

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Excellent compensation, benefits and training

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

    I have been working at Statoil

    Pros

    Excellent pay, one of the highest starting salaries in the oil industry
    High level of respect between coworkers, very ethical and high moral standards
    Excellent training, both regarding the drilling field and general management
    Large amount of freedom to do extra training modules that are not requisite of the position

    Cons

    very strict rules, often good, but at times overbearing, such as not being able to work longer than specified work week without asking permission to work overtime.

    Advice to ManagementAdvice

    Really can not think of much feedback, as I'm very happy with the company and work, only potential improvement would be in making it easier for junior employees to obtain international positions.

    Recommends
    Approves of CEO

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