Statoil Reviews | Glassdoor

Statoil Reviews

Updated September 18, 2017
188 reviews

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3.3
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Statoil President and CEO Eldar Sætre
Eldar Sætre
55 Ratings

188 Employee Reviews

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Pros
  • Work Life balance and good work culture (in 52 reviews)

  • Excelent benefits and work environment (in 25 reviews)

Cons
  • Collaboration is pivotal for the Statoil cultur but there can be way too much of collaboration that gets in the way of decision making (in 13 reviews)

  • Right now, also there is not many openings for future full time positions (in 6 reviews)

More Pros and Cons

  1. "Employee"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil full-time

    Pros

    Collaborative work environment. Plenty of work. Individuals matter.

    Cons

    Reorgs are pretty frequent. Heavy workload. Limited opportunities to change organization.


  2. "Avoid this place at all costs"

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

    I worked at Statoil full-time (More than 10 years)

    Pros

    If you want a meaningless work life in a place where they hang depressing photos of scenes from Norway in the hallways and work at cheap Ikea desks with computer systems that don't work, Statoil is an excellent choice. Further, if you desire to be treated with disrespect, have your boss take credit for your work and thinking, be illegally discriminated against for promotions, and to have your soul stolen by mindless Norwegians, this is the best choice ever.

    Cons

    Statoil is full of big talkers who tell a great story but can't deliver. They have lost billions in shareholder value based on horrible business decisions made by the big brains in the UK and Norway. They secretly wish they had more Americans running things but that would of course not sit well with the Norwegian superiority attitude. They love to hire overqualified Americans for roles to teach them how to do their jobs and promise those people they will move into senior roles, only to have years go by with no change and no explanation despite producing high quality consistent work and getting along. The lying, deceit, mean spirited behavior and inhumane treatment of highly educated people who have done nothing to deserve it is shocking. It's about time American cowboys showed those wimps from Norway in loincloths who should run the show.

    Advice to Management

    You have to diversify leadership. You have to become more global in thinking to be global in business. You have to hire real HR people not some joke former accountant who sleeps with many insecure women at work while masquerading as a senior leader in HR. You have to put real Americans in roles they were hired for, such as in Government Affairs, Corporate Communications, Regulatory Affairs and external facing functions so at least there is some semblance of acting like you treat locals with respect.

  3. "Positive Experience"

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

    Pros

    Relaxed environment, flexible schedule, great coworkers

    Cons

    Management was disorganized, contract workers mismanaged.


  4. Helpful (5)

    "Bad Experience"

    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
    No opinion of CEO

    I worked at Statoil full-time (Less than a year)

    Pros

    Subsidized lunches, 9/80, & free medical. Can't think of any others? Certainly not worth a depressing environment with no future if you're an American.

    Cons

    This is the most bizarre employment experience I have ever had. On boarding consisted of watching a bunch of clips for days and days. Employees seem to be content with coming to work, doing the bare minimum and going home. There is little motivation to excel. It felt highly institutionalized, and being a corporate drone wasn't something I could live with. Reorganizations are almost constant, resulting in no one really knowing what their doing.


  5. Helpful (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

    Fantastic benefits, competitive salary, 9/80 work schedule, beautiful office, lots of opportunity for travel and most importantly, great people!

    Cons

    Far too many expats in senior roles with reorganization every year or so.


  6. "Great place to work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Statoil full-time (Less than a year)

    Pros

    Great people, great leadership, true to the Statoil values

    Cons

    No complaints about the company.


  7. Helpful (4)

    "If you're not Norwegian, you are second class citizen"

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

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

    Pros

    Work life balance; good benefits

    Cons

    Discriminate against non-Norwegian or people without a strong tie to Corporate
    All important positions in the USA are held by expats from Norway even though local staff are equally or in many cases, even more qualified than expat (e.g. Head of Government and Public Affairs office, and many more). US, the only location where Statoil has sizable operatorship outside of Norway, is the training ground for the high-flier Norwegians. Every 2 - 3 years, they send a new batch of expats to the USA to get trained then come home to brag about what they did (or what they claimed credit for to be more correct). Senior leaders of the USA unit talked about business but do not really care about the performance of the business. They are more concerned about making their personal stamp, marketing it to the guys at home in order to climb up the ladder.
    If you are after work and life balance and ok to be bypassed for promotion opportunities, its the place for you. As long as you get along with people, they'll leave you alone even if you don't really do anything. If you look for a well-managed business where you are treated equally for promotion opportunities, you will be very unhappy here

    Advice to Management

    - Start walk your talk on people development and review your diversity policy or it will be just a matter of time, some one will sue you for good money
    - If you inspire to become a truly international company, its high time for Your Highness Executives to realize that its not your Norwegians that drive change and commercial mindset, its the international staff that bring the different view points and challenge your Norwegian way of working. Smart companies understand that they are not only after resources in international locations, but also after international talents because talented leaders will bring you sustainable success. Keep using US to train your naïve Norwegians who though they were a big shot, one day you will have no other options but selling off your US business and back to be the National oil company which you truly are. And by the way, you have destroyed many, many billions of your shareholders money with your tunnel vision.

  8. Helpful (22)

    "Mixed bag"

    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
    Positive Outlook
    Disapproves of CEO

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

    Pros

    There are some quality individuals that have stuck with Statoil over the years and I feel fortunate to work with them on a daily basis. There are small niches within the company that get it and understand what it means to work in a collaborative, efficient and forward-thinking environment.

    Cons

    Management is a joke. They do not want input or feedback, which is in direct contradiction to the core values of being Open, Courageous, Caring and Collaborative (formerly Hands-on). Many of these individuals have been promoted above their area(s) of expertise and seem to retain a cult status within the company. This is a common thread across many disciplines and departments in both the Houston and Austin office.

    The latest example of the childish culture to which we are subjected can be seen by an email sent to all employees in the Austin office this evening by our esteemed SVP of US Onshore Operations.

    "All,

    As I sat in a meeting in Paramount this afternoon, I casually monitored the use of the handrails on the stairs between the 4th and 5th floors. I am very disappointed to say that 90% of the people that used the stairs did not use the handrails. I want each and every one of you to know that I consider this unacceptable behavior. I expect our office employees to work to the same standard we expect of our field employees, and I expect everyone to use the handrails when you use the stairs. This is an easy rule to follow, and I look forward to observing people using the handrails from now on."

    Who would want to work under senior management as condescending as this?

    If you're a fan of layers upon layers upon layers of unnecessary management and playing the game to get ahead, then you might consider this Con a Pro.

    Advice to Management

    You're not doing yourselves, the company nor the shareholders any favors by continuing to listen to inept people. Yes-men do not a profitable and functioning company make. Figure out what really needs to be accomplished and abandon the ridiculous KPI's put forth to people just trying to promote themselves because they can say they did something. Fear should not be a motivating factor in management style to get things done, especially when they are done for superficial reasons. I advise you to ask for a refund if you hired a personal coach for the guy who wrote the email mentioned in the Cons section.


  9. "good company"

    StarStarStarStarStar
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Statoil (More than a year)

    Pros

    healthcare, 9/80, casual attire,

    Cons

    long hours, need more staff


  10. Helpful (15)

    "Chaos reigns"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Treasury Analyst in Austin, TX
    Current Employee - Senior Treasury Analyst in Austin, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Pay, benefits, discount lunch, nice facility

    Cons

    Chaotic environment, workloads between individuals vary widely, managers without the experience or expertise to add value so they focus on Powerpoint presentations and "face time" with other management.

    Advice to Management

    Really-you have no idea what you are doing! Bring in some fresh blood with a clue on how to manage manpower needs.


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