Statoil Reviews | Glassdoor

Statoil Reviews

Updated April 12, 2018
215 reviews

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3.0
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Statoil President and CEO Eldar Sætre
Eldar Sætre
66 Ratings

215 Employee Reviews

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More Pros and Cons

  1. "Great company to work for!"

    StarStarStarStarStar
    • 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
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people, great benefits with 9/80n work schedue, great offices with opportunities for volunteer work during business hours! The list goes on and on...

    Cons

    You now half to pay small premiums for insurance whereas before premiums were paid 100%.


  2. "Senior analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Statoil full-time

    Pros

    Good work life balance company

    Cons

    Like other oil companies it is cyclical

  3. "Started very well, changed for the worse"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Decent salary and (former) working conditions, (former) great health benefits

    Cons

    Changed from a place you wanted to work to a place you had to work. Health benefits cut. Some middle to senior management seem incompetent in some respects. Moved a large number of people to Austin once the oil price crashed and they had little choice which goes against their values. A lot of unhappy people now. when things pick up expect resignations

    Advice to Management

    Listen! You talk the values but don't act on them


  4. Helpful (4)

    "Decline in culture. Decline in morale. Work hard with little reward"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineer in Austin, TX
    Current Employee - Engineer in Austin, TX
    Doesn't Recommend

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

    Pros

    9/80 work schedule
    Financial backing of a large company
    Substantial maternity/paternity leave

    Cons

    The Austin office is nothing like the greater Statoil. They work their employees into the ground, with little to no recognition, and expect top performance. The values mean little to management in Austin. All about the bottom line. The culture is old Brigham culture in Austin, a good ol boys club. Not the open, understanding, inclusive Norwegian/Houston culture. Very disappointing to see.

    Advice to Management

    Reward your hard working, go-getters correctly. The 1-2% yearly pay increase is an insult to those who work their hearts out for you. Develop your people better. There is little to no room to grow unless you know someone in management personally. Fix the Austin culture to actually be Statoil!


  5. Helpful (3)

    "Not for the eager to succeed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    If you make mistakes you don’t have to worry about being reprimanded. If you want to just get by this would be a great company for you

    Cons

    great employees aren’t rewarded or given recognition. Employees with poor work ethic and low performance don’t have consequences. Cut throat people who just want to get ahead. very political, not somewhere to thrive and succeed if you have ambitious goals unless you are “popular”

    Advice to Management

    Acknowledge people who add value. Do something about the ones with negative behavior and low performance.


  6. "Change in culture after downturn in the US"

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

    I have been working at Statoil full-time

    Pros

    In general very open to new ideas and discussions.

    Cons

    Seems to have gone through a culture change after the downturn, not quite as enjoyable to work for.

    Advice to Management

    If oil prices start going up, remember that it's not just how much money the company makes that is important but also the working environment.


  7. "Great place to build your career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in Austin, TX
    Current Employee - Senior Consultant in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work/life balance; strong long-term strategy

    Cons

    Death by meetings can occur

  8. Helpful (4)

    "Minorities overlooked"

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

    I worked at Statoil full-time

    Pros

    Vacation and holidays
    Great co-workers and team building

    Cons

    Minorities, especially African Americans are overlooked when it comes to management and leadership roles. They do all the work, but their leaders get all the credit.
    They treat contractors like second class citizens. The contractors work as hard as any employee but they are not invited to Statoil sponsored activities and do not get paid for days that Statoil close their offices.
    They immediately pick out "favorites" and promote them to leaders and higher positions whether they are qualified or not

    Advice to Management

    Get out of the conference rooms and go out on the floors and meet the employees who are actually running the company


  9. Helpful (5)

    "Former Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Statoil full-time

    Pros

    Relaxed environment, flexible schedule, great coworkers

    Cons

    Horrible middle and senior management. Completely disorganized with no clear direction . Most of the new leaders lack the competency to guide their staff properly, They change the tune of how the manage in accordance to whichever fire they have to put out at that moment.

    Advice to Management

    Pick a direction and stick with it. Organizational changes are normal, but having a re-org or major shift every six months is not. You have to allow some time for stability and foundations to be formed.


  10. Helpful (2)

    "Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Statoil full-time (More than 10 years)

    Pros

    There are some great co-workers--dedicated and experienced. Good evaluation of economic rate of return on assets, but can be overwhelming. Benefits were good until most recent downturn.

    Cons

    Reorgs are too frequent. Some management has no clue about what their employees do. They don't value long term employees bringing experience to a job, but would rather see employees move to different roles as part of a way to "develop" the individual. This does not work well when running a lean organization. Office space is less than desirable.

    Advice to Management

    Value your employees who contribute to the business. If safety is the first priority, is that reflected in the organization?


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