Statoil Reviews | Glassdoor

Statoil Reviews

Updated July 2, 2018
222 reviews

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3.0
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Statoil President and CEO Eldar Sætre
Eldar Sætre
71 Ratings

222 Employee Reviews

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Pros
  • "Great work/life balance; strong long-term strategy" (in 58 reviews)

  • "Excelent benefits and work environment" (in 26 reviews)

Cons
  • "Very process oriented, sometime make decision making longer" (in 12 reviews)

  • "What's keeping employees in Oil and gas" (in 5 reviews)

More Pros and Cons

  1. "Equinor (AKA Statoil) offers much more than the other Houston oil and gas companies"

    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 (Less than a year)

    Pros

    Great people, no dress code, fun volunteer program, lively events throughout the year, 9/80 work schedule, organized runs and MS150 Team and solid core values.

    Cons

    We used to have health insurance premiums paid for but as of 2018 we now pay health insurance premiums.

    Advice to Management

    Let's bring back the wonderful health insurance we used to have!


  2. "Controller"

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

    I worked at Statoil full-time

    Pros

    Work-life balance, Great people, dynamic industry

    Cons

    constant reorganization, Complex struture, Centrally controlled

  3. "Intern Diversity"

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

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

    Pros

    Once you're in the door, you're in.

    Cons

    Lack of diversity the company seems to blind to.

    Advice to Management

    Every year, there is an absolute lack of racial diversity in the group of interns. I guess the recruiting can't find any black interns?


  4. Helpful (1)

    "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
    Positive Outlook
    Approves of CEO

    I have been working at Statoil full-time

    Pros

    Good benefit and good project for long term job security

    Cons

    Bad people development due to the high turn out of management. The management group is not flexible with working location and schedule. The company no long care their employee as they did before in US, and did not create an open communication channel between employee and managers.


  5. "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


  6. Helpful (2)

    "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


  7. Helpful (10)

    "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!

  8. Helpful (1)

    "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.


  9. 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.


  10. "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


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