Transocean

  www.deepwater.com
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Transocean Reviews

Updated Jul 4, 2014

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All Employees Current Employees Only

3.8 51 reviews

81% Approve of the CEO

Transocean President & CEO Steven L. Newman

Steven L. Newman

(31 ratings)

81% of employees recommend this company to a friend

Review Highlights

Pros
  • Good pay, good people, they actually care about your family(in 5 reviews)

  • Very laid back, half days on Fridays, company promotes internally(in 3 reviews)


Cons
  • And WRA shelf drilling killed all persons activities which you built(in 3 reviews)

51 Employee Reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Transocean says all the right things but does not follow through

    Director (Current Employee) Houston, TX

    ProsThe benefits and pay are very good

    ConsComing from the "right" heritage company is everything at Transocean.

    Advice to Senior ManagementStart acting like a global company

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Transocean Payables run by Global Santa Fe

    Accounts Payable Coordinator II (Former Employee) Houston, TX

    ProsGood Stock and 401K options, Friday afternoons half day.

    ConsLong work days with overwhelming global supply chain issues at every point. Several out of date systems that bog work flow. Heavy debt issues with vendors struggling as much as department staffers.

    Advice to Senior ManagementGood Luck working out the Peoplesoft merger issues!

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    The ship is sinking...

    Anonymous Employee (Current Employee) Houston, TX

    ProsPays well compared to most organizations.

    ConsThings seem to be in a perpetual state of disarray...

    Advice to Senior ManagementMove away from the tenure-based environment toward a more meritocratic one.

    No, I would not recommend this company to a friend

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    the largest deepwater drilling company in the world

    Anonymous Employee (Current Employee) Houston, TX

    Proshaven't had a layoff in 9 years.
    very stable work schedule and long term contracts. decent training program in place.

    Conshaven't given a raise in 2 years.
    hard to arrange a transfer from rig to rig.
    raised cost of benefits while lowering actual benefits.
    blanket approach to problems rather than addressing the issue individually.

    Advice to Senior Managementtake a closer look at your safety programs. Change or adapt the procedures that aren't working rather than continuing to add more

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Oil Co. offers opportunity to see the world!

    Project Administrator (Current Employee) Houston, TX

    ProsMeeting people as I travel throughout the world.

    ConsAs with any company there are downsides. For Transocean it depends on your job. If you are in Projects, as I currently am, then you sacrifice time away from your family as 90% of you job will be on location. There are times when your family can visit, but there are projects that can be in remote and even dangerous parts of the world (i.e. Nigeria) that can drag out for six months to a year. Another down side for working with Transocean is the nature of the industry. Currently the industry can not hire people fast enough, but there will be a time when the market corrects itself and we could have a repeat of the 80's, early 2000's, but I guess this can be said for other industries.

    Advice to Senior ManagementTo be more open with information that will effect staff.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Employees are an inconvenience to the smooth running of this company.

    RSTC (Current Employee)

    ProsTheir salary package at the moment is still an industry leader. I have been with the company for quite a few years & know a lot of the management.

    ConsHuman resources have no concept of what we do or how we do it. Employees are simply pawns in their management game.

    Advice to Senior ManagementGo back 5 years ago. Move out of Switzerland all employees know this is simply a Tax Dodge who ever heard of an International Deep water Drilling Contractor based in a land locked country. it shows what the company has become a financial company that happens to own oil rigs.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Awesome company with great poeple and mentors

    Applications Developer Intern (Former Employee) Mumbai (India)

    ProsAll employees are top class and know the value of time. Very result oriented, optimistic and team players. Whoever I had the pleasure to interact was very nice by nature and by profession.

    ConsPeople are a bit busy sometimes. There were few occurences when I waited for few weeks to get feedback on the work and proceed further.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Sometimes I ask myself why I left, people need to progress...

    Floorman (Former Employee) Aberdeen, Scotland (UK)

    ProsGood standard of training, equipment always there and readily available, generally a good rig to work on.

    ConsPersonal growth due to recession ? I often wonder if my potential was identified as a threat to some people that were in the job I wanted.

    Advice to Senior ManagementRealise the potential in personnel that you have onboard, every person I worked with aspires to be more. I watched as good people left the company whilst "Yes men" got ahead that have since stayed at that level. Whereas others have moved on and excelled.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great Company

    Floorman (Former Employee) Mumbai (India)

    ProsSafe. good people. great work culture

    Constranferred with Sister company Shelf Drilling/

    Advice to Senior Managementna

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good company ethics

    Senior Sub Sea Engineer (Former Employee) Aberdeen, Scotland (UK)

    ProsGood job prospects and promotions.

    ConsCompany now too big .

    Advice to Senior ManagementListen to the employees more on crucial matters.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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