Statoil Reviews | Glassdoor

Statoil Reviews

Updated March 18, 2017
164 reviews

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164 Employee Reviews

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Pros
  • Work Life balance and good work culture (in 46 reviews)

  • The company offers an excellent work environment with a strong team component (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. "Great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oslo (Norway)
    Current Employee - Anonymous Employee in Oslo (Norway)
    Recommends
    Neutral Outlook

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

    Pros

    - Supporting colleagues and environment, far away from the rat race culture of other firms
    - Good career opportunities if you are based in Norway, although this is currently not nearly as good as in the early 2010s.
    - Pay is good, below what other oil companies pay, but job security is much higher

    Cons

    - Company is in a challenging state with the decline in oil price and the high cost structure
    - Skills development is slower than at smaller companies, so you have to be proactive requesting change.

    Advice to Management

    - Promote people based in merits & potential, not based on age


  2. "Admin Staff"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Good employees - employer relationship and nice incentives

    Cons

    None I can think of

    Advice to Management

    Keep up the good work you doing.


  3. "Excellent Company to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Calgary, AB (Canada)
    Current Employee - Anonymous Employee in Calgary, AB (Canada)
    Recommends
    Positive Outlook

    I have been working at Statoil (More than 8 years)

    Pros

    Excellent work culture, good benefits, good leadership principles and corporate values which drive the day to day function of the company.

    Cons

    As with any large company, there are systems and processes in place for most of the things, so if you don't like working with the processes or not willing to challenge the established systems, than it will be challenging.

    Advice to Management

    My advice to Management would be to keep doing the right things specially in this tough market scenario where Oil and gas is struggling worldwide.


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


  5. "Statoil"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst in Stavanger (Norway)
    Former Employee - Senior Analyst in Stavanger (Norway)
    Recommends
    Negative Outlook

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

    Pros

    Work Life balance and good work culture

    Cons

    Oil sector not very stable

    Advice to Management

    Do not promise what you cannot deliver


  6. Helpful (1)

    "One of the best place to be at this times of the oil price turmoil"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Engineer in Stavanger (Norway)
    Current Employee - Senior Engineer in Stavanger (Norway)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good pay, good working lifestyle, good for family

    Cons

    Difficult to move up the ladders, management are always right, too much nepotism, never disagree with them and as an international almost impossible to be promoted if you don't learn Norwegian.

    Advice to Management

    More young and vibrant managers should be holding management position and a sweep for the older guys


  7. "Solid international energy company with strong Norwegian backbone"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Statoil full-time

    Pros

    Open and caring culture, relatively flat organization, decent work-life balance while also allowing for ambitious individuals to stretch themselves

    Cons

    Significant number of processes - as you would expect in a large corporation. Current (Feb '16) low energy prices means extensive efficiency programmes currently taking place.


  8. "Values based company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Statoil (More than 5 years)

    Pros

    True focus on values and safety. Company tries to do the right thing and cares about employees. Internal mobility is encouraged.

    Cons

    Norwegians are very nice and very polite but assume their way is best. It takes a lot of convincing to get them to honestly consider other ideas.

    Advice to Management

    One of the benefits of being a multinational company is being able to draw on different experiences. On the surface, the company does this well, but in reality it could have a more open mind.


  9. "Senior Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work, good work life balance and great values

    Cons

    slow in taking decisions. NOC structure with IOC aspirations


  10. "Summer Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Intern in Stavanger (Norway)
    Former Employee - Summer Intern in Stavanger (Norway)
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The company offers an excellent work environment with a strong team component.

    Cons

    Salaries are not to competitive with another private companies, taxes up to 49%.


  11. "Instrument Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior MC & Commissioning Engineer in Stavanger (Norway)
    Former Employee - Senior MC & Commissioning Engineer in Stavanger (Norway)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Statoil (More than a year)

    Pros

    Many , good work environment, good people

    Cons

    I could not find any.



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