Statoil Reviews | Glassdoor

Statoil Reviews

Updated January 14, 2018
206 reviews

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206 Employee Reviews

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Pros
  • Great company with good values - good work / life balance (in 57 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. Helpful (1)

    "Just OK"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Accountant in Austin, TX
    Current Employee - Accountant in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Plenty of opportunities for advancement

    Cons

    "Corporate machine feel"
    Due to constant movement of managers, sometimes team leads arent very experienced in the field

    Advice to Management

    listen and care about your employees


  2. "Statoil"

    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

    Pros

    - Good severance packages when downsizing

    Cons

    - No reward for effort
    - Management through slogans
    - Frequent reorg

    Advice to Management

    reorgs does not equate performance

  3. Helpful (9)

    "Solid Meh - Take it or leave it"

    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
    Negative Outlook
    No opinion of CEO

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

    Pros

    -it's a job in downturn times
    -health insurance used to be free, they've recently decided to start payroll deductions for it.

    Cons

    -Completely disorganized
    -I don't think anyone here really knows what's going on or how to address planning issues that constantly pop up
    -mediocre pay
    -field employees do not get 9/80 schedule or other benefits that office employees get ( food, gyms, social interaction, networking)
    -I haven't been here long but I have noticed most higher ups and expats are Norwegian. Not real sure how that would work for growing your career if you international goals
    -Calling IT or reading the webpage is a joke.

    Advice to Management

    Figure something out because what we're doing now is not working.

    Treat field employees like you would want to be treated.

    If there were to be a buy out or optional layoff tomorrow I would take it.


  4. Helpful (3)

    "Engineering Wonder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Reservoir Engineer in Houston, TX
    Former Employee - Senior Reservoir Engineer in Houston, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good benefits and company generally

    Cons

    US assets were not properly explored and too much money spent

    Advice to Management

    Choose a strategy that will not result in so much upheaval and risk.


  5. "Data Scientist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Scientist in Stavanger (Norway)
    Current Employee - Data Scientist in Stavanger (Norway)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Statoil full-time (More than 10 years)

    Pros

    Interesting tasks from all aspects of a huge company. I always learn something new which makes the job joyful. In my sector I also have 20% of my time to do self development.

    Cons

    I notice that some decision makers hesitates to make decisions. This leads to long projects that may not give value.


  6. Helpful (2)

    "Unfortunate Practices"

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

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

    Pros

    They have potential. You can set your own schedule.

    Cons

    They can not see potential and are not willing to do what it takes to gain potential. Middle management are high school bullies and only talk about great ideas. You would think that was excellent until you realize they are all talk. They treat contractors like 2nd class citizens and expect you to work while they play. Also, this office is poorly diversified in middle management so it has poor representation for different ethnic groups on lower levels.

    Advice to Management

    It is unfortunate Norway culture has to be represented by such poor American quality behaviors. Higher different cultures. Stop promoting without true direction.


  7. "Friendly"

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

    I have been working at Statoil full-time

    Pros

    Nice people and flat org structure

    Cons

    Lots of buzz
    Lack of appreciation for high quality professional work

    Advice to Management

    Simplify further, Focus on core

  8. Helpful (2)

    "Company was great"

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

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

    Pros

    tries to live to the values it states, growing company, room for growth. Was a place I was proud of, and happy to work with the people I work with

    Cons

    They do not compensate the employees for the quality of work. They use to be a place where people wanted to be because of Benefits, family, well being, even though the salary was average nothing to brag about. Now, there is no incentive for the employees to grow and no incententive to stay. Now premiums are being deducted from payroll next year, no hope of the "promised" reward of being over worked with bonus, and removing the incentive to stay bonus after offering, which is why so many came, This makes them less of their values. Its obviously more about their bottom line at this point as we all sacrificed working multiple positions to make up for the lay offs of the negative impact on the industry. What's keeping employees in Oil and gas?

    Advice to Management

    Compensate for roles and work actually conducted daily not what the market considers of the title. Understand the business needs and employee needs. Recqinize the over and beyond workers and listen more to the needs and the work or stress that has to be incurred at your low salary's . Pay attention to the money wasted where it counts instead of impacted the people that ensure operations daily. I see many people leaving soon.


  9. Helpful (1)

    "Principal Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal Analyst in London, England (UK)
    Current Employee - Principal Analyst in London, England (UK)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Statoil full-time

    Pros

    Good work life balance and benefits.

    Cons

    Career opportunities are restricted to the top 200 list. Others suffer with unending bureaucracy to make internal moves that not always are synonym of any career progression. Leaders are not selected based on competency, while extremely competent people are used on simple and meaningless jobs that hardly add any value for the company or the individual delivering on it.

    Advice to Management

    Focus on the people and on motivating your employees with challenging tasks that add value both for the company and the individual.


  10. "ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

    Pros

    Good training
    Nice projects to work on

    Cons

    Laid back...
    Non Norwegians find it tougher...

    Advice to Management

    Be agile!


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