Statoil Reviews | Glassdoor

Statoil Reviews

Updated May 23, 2017
173 reviews

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3.5
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Statoil President and CEO Eldar Sætre
Eldar Sætre
46 Ratings

173 Employee Reviews

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Pros
  • Work Life balance and good work culture (in 50 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 12 reviews)

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

More Pros and Cons

  1. "No role and responsibility clarity and other management mistakes"

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

    I worked at Statoil full-time (More than 3 years)

    Pros

    On one hand, if you ever want to prepare yourself for life on a wild jungle island filled with dangerous animals, working at Statoil in Houston or Austin is excellent training. Norwegians don't seem to even understand that an absence of role and responsibility clarity, a hallmark for a well managed enterprise, is important. Instead, leaders tell direct reports to negotiate with other direct reports on who does what. Since the business is failing, this leads to Machiavellian like existence where game players, political types and brown nosers excel without ever doing any actual work.

    Cons

    Many negative comments in these reviews are directed at the weak HR organization, and it's well deserved. The HR team has virtually no one with a professional background in HR. It's full of former accountants, management consultants and recruiters, who are just salespeople in disguise. This absence of any real intellectual ability, no talent and no integrity among the entire team leads to bad decision making and the misbelief that appointing a politically connected ambitious type will make it all better.

    Advice to Management

    Abandon hope all ye who enter this hell on earth


  2. Helpful (3)

    "Chaos reigns"

    Star Star Star Star Star
    • 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.


  3. "Principal Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Calgary, AB (Canada)
    Former Employee - Anonymous Employee in Calgary, AB (Canada)
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great professional development opportunities and organization with strong emphasis on safety and environmental impact of its operations. Excelent benefits and work environment.

    Cons

    Large organization which won't allow it to be flexible enough for some type of decisions. Impact of their decisions on individuals basis sometimes is not great and due to uncertainties in oil market they affect in a great deal.


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  5. "Great company"

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

    Pros

    Great working environment.
    Good work/life balance.
    Strong company values.
    Good health/dental benefits

    Cons

    None that I can think of.

    Advice to Management

    Explain/communicate better company's strategies.


  6. "good company"

    Star Star Star Star Star
    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


  7. Helpful (2)

    "Core Values? None. Deceptive? 100%"

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

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

    Pros

    Benefits are amazing. They paid for me and my family. Unfortunately that is the only thing I miss. However you will need it because the stress will eventually affect your health working there.

    Cons

    Promotions? Not unless you are in Norway. If you like to be treated like you are worthless and incompetent you are at the right place. HR obviously turns a blind eye to the hostile work environment and allows management to belittle employees in front of others. Raises? That's funny. Bonuses are a mockery IF you get one. You get performance reviews almost on a monthly basis. Actually it's more like a review of how worthless you are even if you meet or exceed your goals. Sincerity doesn't even reach managements eyes. Corporate goals are unrealistic. The undue stress caused by backstabbing managers seriously affected my health causing high blood pressure from the stress. Since I left it has gone away! Go figure!

    Advice to Management

    Find managers who know how to be a part of a team and not a dictator.


  8. "Maintenance"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Excellent work environment. Believe in employees. Good work life balance.

    Cons

    Typical bureacracy of large corporation.


  9. "Disappointing place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Engineer in Stavanger (Norway)
    Former Employee - Project Engineer in Stavanger (Norway)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Statoil full-time (More than 3 years)

    Pros

    Good work-life balance, nice spacious buildings. Good gender diversity. One of the leading oil companies to embrace technology and new energy solutions.

    Cons

    low glass ceiling for non-norwegian employees. Values which are heavily emphasised but rarely followed. Uninspired employees, from senior managers to graduate employees. Killer of ambition.


  10. "trader"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trader in Stavanger (Norway)
    Former Employee - Trader in Stavanger (Norway)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    goods benefits, nice people and teammate

    Cons

    holidays mindset, no decision making , lack of competition

    Advice to Management

    hands on


  11. "Consultant"

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

    I worked at Statoil full-time

    Pros

    Good work life balance. Has a good corporate culture and corporate values in theory however, not practiced.

    Cons

    Extreme top heavy management - managers and team leads to manage workers, it's exhaustive and the only job opportunities really seem to be in management and more management. Save costs, cut management, and let people do their jobs. This leads to long time lines to get any decisions made. Too process oriented, not enough action. They preach global opportunities and reach but there is no fairness to the development process or opportunities.

    Advice to Management

    Cut management and middle management, let people do their jobs. Create efficiency and become less process oriented.


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