Statoil Reviews | Glassdoor

Statoil Reviews

Updated August 3, 2017
184 reviews

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3.3
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Statoil President and CEO Eldar Sætre
Eldar Sætre
54 Ratings

184 Employee Reviews

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

  • Excelent benefits and work environment (in 24 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. Helpful (6)

    "Disappointing"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Coordinator in Houston, TX
    Former Employee - Human Resources Coordinator in Houston, TX
    Doesn't Recommend
    Approves of CEO

    Pros

    The Norwegians from Norway were some of the best people to work with. They are fair and trustworthy.

    Cons

    The company is now becoming "Americanized".
    Unfair treatment
    Management is incompetent
    prejudice
    no advancement

    Advice to Management

    The management staff needs to be revamped.


  2. Helpful (4)

    "Statoil has more cash than more brain!"

    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 (More than 3 years)

    Pros

    Company is a NOC, so they have access to funding. Yes, work life balance, but this is not a competency as by time you will lose your competencies.

    Cons

    Slow, very process oriented, only Norwegian can go up the ladder, decisions are taken behind closed doors, very command and control company despite they show off collaboration. Not the top pay in industry. Very slow learning curve, no development plan whatsoever, expect you to follow the orders.

    Advice to Management

    No surprice that Statoil is the worst performer among the peer group in 2011-2013. Open your eyes and come to your senses. This company need a complete revisit to its strategic view.

  3. Helpful (4)

    "Very Norway Focused-Lacks Understanding of American Culture-Execs are ALWAYS Right"

    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
    Neutral Outlook
    No opinion of CEO

    I worked at Statoil full-time (More than 5 years)

    Pros

    Business complex is good; benefits are good

    Cons

    Favoritism of the Norwegians is definitely obvious

    Advice to Management

    Consider development of career paths for ALL employees; not just ones you have identified. Strongly suggest some cultural diversity awareness training. Management has not realized that many times translations are lost between languages. Consider having only English spoken in the office. All employees should have equal rights & access to upper management, HR, etc. Too much executive intimidation.


  4. Helpful (9)

    "Revenue accountant"

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

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

    Pros

    Great benefits and work life balance. Great location it you live on the south west side of houston. Easy access to belt way eight.

    Cons

    The revenue accounting lead is very rude an unprofessional. The lead has no revenue experience and poor management skills.

    Advice to Management

    Need to replace the revenue lead with someone who is experience in revenue accounting.


  5. Helpful (7)

    "an insider's view"

    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 (More than 8 years)

    Pros

    Statoil states its value as open, courageous, hands-on, and caring. It tried hard to attract the talent in US when the oil price was high by offering good perks.

    Cons

    People were told a staff cut of 15% during this summer after the new US head arrived. This was also communicated internally before the very last 3-4 weeks. Unexpectedly people were asked to meet with HR 1-by-1 escorted by the security. The team was immediately annihilated. People left the building in a daze. It tuned out to be a massive layoff of over 50%. It has been planned secretly by an ambitious manager who is keen to please the new boss.

    Advice to Management

    Having the right people at the right position is the key to the success. But for a former CFO who only cares about the number, he needs to understand what is the root cause of low efficiency and high cost.


  6. Helpful (7)

    "Management sucks! Which is sad bc Great Benefits"

    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
    Negative Outlook
    Approves of CEO

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

    Pros

    Benefits package is good.

    Cons

    GBS leaders, some not all are just downright horrible. It's obvious that they got the jobs by default. The employee morale is low. Zero respect from management. They abosolutely do not live by the core values

    Advice to Management

    Hire EXPERIENCED and QUALIFIED managers. Don't promote just cause they've been with the company and are very technical. Management skills and training are a must!


  7. Helpful (8)

    "Accounting Review"

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

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

    Pros

    Good benefit. Ok salary. Work life balance except for quarter close

    Cons

    Terrible management. No processes. No one knows anything. I regretted accepting this offer over others. Company uses SAP but system isn't functioning at utmost best. The blame game company. Finger pointing. Great employees hired lately but poor management and no system makes it hard to function. I wish to leave soon. Everyone is waiting for Oil price to go up and leave. High TurnOver. Not a company to be. It's a terrible work environment

    Advice to Management

    Change all management and stop changing staff. Management are not qualified and don't know what they doing.

  8. Helpful (6)

    "Poor Management Throughout Company"

    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
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Few unfortunately. If you are 'average' and Norwegian, this is probably a good fit but not recommended for high caliber folks from other countries. Good vacation packages, especially on the Norwegian side of the house where it seems employees are on perpetual vacation or holiday. Friendly people throughout organization.

    Cons

    Most management is lower caliber than in comparable size organizations in the US. US employees are third class citizens - heavy Norwegian bias persists in almost every aspect of the job, very few opportunities, low stability for an organization of its size, very few self-motivated individuals, low morale - especially in US.

    Advice to Management

    US employees are treated like third class citizens. Bureaucracy is among worst of any large organization.


  9. Helpful (7)

    "Run while you can!"

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

    Pros

    Pay is average. If you have NOTHING else to do in your life, and would like to be in an environment where working hard is not the same as working smart, this is the place for you. Did I mention that the Norwegian holidays take precedent over the US holidays? What does that mean? It means it's not YOUR day off if the Norwegian decides that their deadline is on/before/after your US holiday.

    Cons

    Where do I begin? You will live here. That's the only way you get recognition for your hard work. Their processes are antiquated and redundant. You have people making decisions or promises out of their derriere, and then it gets pushed down to the minions at the very last second. You might as well camp overnight to deliver management's unreasonable expectations. By the way, this is a WHOLE lot better when what it used to be. God help all the poor souls working here. No wonder the most senior person here has a 2-3 year tenure - that's because all the GOOD ones left.

    Advice to Management

    Resign and let the people who truly have good ideas AND skills to deliver lead.


  10. Helpful (6)

    "HR keeps writing fake reviews"

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

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

    Pros

    Great place to hide while waiting on prices to come back. They have good CVX operated projects which is the only real projects they gave in GOM.

    Cons

    I have watched this company since the purchase of hydro. They force the US employees to conform to the Norwegian socialist norms. There sop is to act like they are accomplishing goals with no actual results.

    Advice to Management

    The real world is coming.


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