Statoil Reviews | Glassdoor

Statoil Reviews

Updated February 10, 2017
160 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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Statoil President and CEO Eldar Sætre
Eldar Sætre
41 Ratings

160 Employee Reviews

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Pros
  • Work Life balance and good work culture (in 45 reviews)

  • Many , good work environment, good people (in 20 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 11 reviews)

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

More Pros and Cons

  1. Helpful (1)

    "Excellent compensation, benefits and training"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Drilling Engineer
    Current Employee - Drilling Engineer
    Recommends
    Approves of CEO

    Pros

    Excellent pay, one of the highest starting salaries in the oil industry
    High level of respect between coworkers, very ethical and high moral standards
    Excellent training, both regarding the drilling field and general management
    Large amount of freedom to do extra training modules that are not requisite of the position

    Cons

    very strict rules, often good, but at times overbearing, such as not being able to work longer than specified work week without asking permission to work overtime.

    Advice to Management

    Really can not think of much feedback, as I'm very happy with the company and work, only potential improvement would be in making it easier for junior employees to obtain international positions.


  2. "Best choice if this is what you want to do..."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Gas Station Clerk in Oslo (Norway)
    Former Employee - Gas Station Clerk in Oslo (Norway)
    Recommends
    Approves of CEO

    Pros

    Good trainee program
    Social programs are nice aswell as the benefits
    You get to meet new people and all days are different

    Cons

    Salary is not high, low OT rate.
    Takes time to get recognized for good work
    You will get tired of making fast food

    Advice to Management

    Create a program for Franchise owners to better understand how to motivate employees.
    Dont be afraid to give people more responsibility


  3. Helpful (2)

    "Ideal WORK/LIFE balance normal training"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stavanger (Norway)
    Current Employee - Anonymous Employee in Stavanger (Norway)
    Recommends
    Approves of CEO

    Pros

    Relaxed environment
    Excellent training
    Company has many places to work for
    You can change your division, as much as you want

    Cons

    Progress in positions could be slow
    Not a great place to start if you would like to have fast growing progress
    Number of trainings per year is little

    Advice to Management

    Please trust young engineers for high responsibility tasks. Increase number of trainings, make it more intensive. Trust performance and development more than your HR and budget. It worked for Exxon, Chevron and Schlumberger, it would definitely work for Statoil.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (6)

    "Disappointing"

    Star Star Star Star Star
    • 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.


  6. Helpful (2)

    "Very good experience and training."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Engineer
    Current Employee - Process Engineer
    Approves of CEO

    Pros

    the flexibility within statoil is the best thing one can experience

    Cons

    the benifits one gets from statoil are so bad if compared to other companies.

    Advice to Management

    look at the employees benifits and compensations.


  7. Helpful (3)

    "Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Engineer in Caracas, Capital District (Venezuela)
    Current Employee - Process Engineer in Caracas, Capital District (Venezuela)
    Doesn't Recommend

    Pros

    Good ambient, good salaries, good place for living

    Cons

    Multicultural team, some times no easy to handle

    Advice to Management

    more pro-active


  8. Helpful (1)

    "Good work/life balance, slow pace growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Graduate Consultant in Stavanger (Norway)
    Current Employee - Graduate Consultant in Stavanger (Norway)
    Recommends
    Approves of CEO

    Pros

    Statoil has one of the best work and life balance in the market. Working culture, depending on the business area (I work in Development & Production Norway) is very relaxed, including dress code. If you work for Statoil in Norway, the employment gives you some strange status.

    Cons

    Career development is very slow and for foreign graduates, Norway with it's cultural values can be really difficult to cope with. Project management take be really frustrating as decision making takes long time. Norway as a country to live in will challenge you as well, both cost-level wise and people-wise.

    Advice to Management

    Be more inclusive towards international employees. Compensation must be aligned with the market if the management wishes to stop the increasing turn-over among young people. Internal processes must be simplified and this should not take 5 years, but be rather executed fast track.


  9. Helpful (2)

    "Horrible pay but good hours"

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

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

    Pros

    The hours are short so you keep a good work/life balance

    Cons

    Pay is lower than any other company buy a long shot; people promoted to management due to time in company, not their competence; have to be in your job 2 years minimum before you can move; bonus is extremely low for an oil company even when profits are record high; coworkers are there to retire so an overall lazy attitude; Norwegians preferred over foreigners for promotion

    Advice to Management

    Pay people livable wages


  10. "Accountant"

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good social benefits, work environment, internal career development

    Cons

    Lack of constant progress, everything takes time


  11. Helpful (1)

    "Positively challenging opportunities"

    Star Star Star Star Star
    • 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 (More than 10 years)

    Pros

    Quality people, gerat values, challenging and dynamic business, global growth, secure processes, one of the most ethical in the oil & energy business, transparent and open

    Cons

    Sometimes slow and cumbersome decision processes

    Advice to Management

    Stay the course but challenge your people to deliver, less reports - more results



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