Statoil Reviews | Glassdoor

Statoil Reviews

Updated July 19, 2017
182 reviews

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182 Employee Reviews

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Pros
  • Work Life balance and good work culture (in 51 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 (1)

    "To drive success"

    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

    Pros

    Strong benefits plans. Very competitive.

    Cons

    Lack of processes and lack of strong knowledgeable leadership.

    Advice to Management

    To drive success, position leaders that can direct team members how to do something, instead of just telling subordinate to get something done.


  2. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Clerical Assistant in Fairfield, CT
    Former Employee - Clerical Assistant in Fairfield, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Statoil (Less than a year)

    Pros

    The people were very friendly, the pay was pretty good, the company offered transportation to and from the train station

    Cons

    Some of the cons of working at statoil were that the security for the building was a bit excessive, also the parking wasn't great

    Advice to Management

    I don't really have any advice to give the management, I was only a temporary employee there and don't really have any suggestions to offer.


  3. Helpful (3)

    "Smokes and Mirrors"

    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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good work/life balance, some processes actually seem to work (annual reviews), benefits good. The old EVP was very personable and approachable and really cared about people.

    Cons

    When I first joined this company a few years ago we all commented on how wonderful it was. Then things started to change. Incompetent management at the upper level is the main cause. Statoil pays lip service to values but there's no visible commitment. Personnel is on another planet. Mid management seem OK but upper seems to have no direction. There exist processes about processes, and it's hard to get anything done. The re-org has been handled terribly, it took too long and now the onshore team is being moved. Family values? Don't make me laugh!

    Advice to Management

    Live the values, recognize people who deliver, get rid of management who are out of their depth and work out who is not contributing. Decent management can see this but some have been promoted into areas where they can't cope. PowerPoint skills do not make good mangers!


  4. "Senior Analyst, Performance Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst, Performance Management in Houston, TX
    Former Employee - Senior Analyst, Performance Management in Houston, TX
    Recommends

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

    Pros

    Benefits, Work/Life balance, Culture & Values

    Cons

    Slow-moving, not enough challenge / upward mobility


  5. "Reservoir Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Reservoir Engineer in Houston, TX
    Current Employee - Reservoir Engineer in Houston, TX
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    The culture and benefits are great. Statoil really tries to take care of their employees. I like that the rating is also based on behavior so the values that they preach carry through in employee's evaluations. Management encourages new ideas and is not afraid to try new things.

    Cons

    The lack of communication that sometimes exists between corporate and the rest of the assets hinders the employee's morale.

    Advice to Management

    Statoil does a great job of taking care of people and letting them express new ideas overall but sometimes that culture does not carry out in all the assets of the company.


  6. Helpful (4)

    "Geologist - Onshore"

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

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

    Pros

    Good benefits and the lower-level employees were competent and knowledgeable; team leads were excellent

    Cons

    Completely incompetent management, highly silo'd culture; decision-making authority was hoarded at too high a level and decisions were made much too slowly for an onshore group; hiring freeze made it impossible to deal with turnover in crucial positions

    Advice to Management

    Loosen the reins and let the people you hired do their jobs; allow for exceptions to the hiring freeze when people decide to leave and their positions are critical for proper functioning of the asset


  7. "inventory manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Drill Pipe Manager in Williston, ND
    Former Employee - Drill Pipe Manager in Williston, ND
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Statoil (More than 3 years)

    Pros

    great company, awesome people. always on the edge of new technology and ideas

    Cons

    large corporation, lots of engineers without field experience

    Advice to Management

    Keep it up, you have good people, listen to and support them


  8. Helpful (6)

    "Excellent Company"

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

    Pros

    Good Corporate Culture ( Statoil Value), Emphasis on Work/Life Balance, Promote either leadership or technical role for career advancement

    Cons

    In progress to develop better accounting team, need more experienced staffs, necessary to promote the positive relationship amount different teams

    Advice to Management

    In late 2014, IT professional was promoted as Global team leader to manage accounting teams such as Joint Venture, Treasury, Process improvement and Direct Tax. We were initially excited to see this unordinary arrangement as we believed the accounting team would be benefited from his IT project management.
    After 6 months of the management, we were extremely disappointed. He totally lacks of communication skill, management skills and accounting knowledge. But most importantly, his action has negative impacts on our team performance.
    Please gather opinions from different team members at Statoil (Business, team lead and his direct reports) to evaluate his qualification. I am not here to complaint but just urge to have a proper and fair judgment on his contribution to the team. For Statoil value, people @ Statoil should speak up to express the truth. It will benefit Statoil in the long run and also help the Global team Leader transform to be a better manager in the accounting field or find a better position to fit his qualification.


  9. "Executive Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in Tomball, TX
    Former Employee - Executive Assistant in Tomball, TX

    I worked at Statoil (More than a year)

    Pros

    Wonderful place to work, nice people. Leadership was good. Process oriented. Not the best pay in Houston but great benefits.

    Cons

    Decisions shouldn't take as long as they do to be made; some managers didn't care to collaborate with others to make the system work well. Not the best pay in Houston but great benefits.

    Advice to Management

    None.


  10. Helpful (2)

    "Great 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
    Recommends
    Neutral Outlook

    Pros

    - Great Medical benefits.
    - Great 401 K plan
    - Great compensation and bonus plan
    - Great European culture.
    - Great Office outlook

    Cons

    - Statoil GBS is still working on improving process and getting organized.
    - Global team leader an IT guy, lacks qualities to be a good leader over a accounting team, due to which JV, Audit, Treasury, and Internal Tax is dealing with unreasonable expectations, bad communication and no support. Statoil values are being butchered by this leader.

    Advice to Management

    I agree with another post regarding getting feedback from employees about their leader. Management should look into evaluating this leader and taking correct action accordingly.


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