Statoil Reviews | Glassdoor

Statoil Reviews

Updated May 23, 2017
174 reviews

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174 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. "Senior Analyst, Performance Management"

    Star Star Star Star Star
    • 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


  2. "Reservoir Engineer"

    Star Star Star Star Star
    • 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.


  3. Helpful (4)

    "Geologist - Onshore"

    Star Star Star Star Star
    • 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


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  5. "inventory manager"

    Star Star Star Star Star
    • 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


  6. Helpful (6)

    "Excellent Company"

    Star Star Star Star Star
    • 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.


  7. "Executive Assistant"

    Star Star Star Star Star
    • 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.


  8. Helpful (2)

    "Great Company!"

    Star Star Star Star Star
    • 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.


  9. Helpful (1)

    "Great company to work for"

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

    Pros

    I enjoyed the corporate culture and the emphasis on work/life balance.

    Cons

    Company expects you to hit the floor running without a structured training program.

    Advice to Management

    Provide additional training opportunities to those new to the company.


  10. Helpful (2)

    "Sr. Admin Asst."

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

    Pros

    Great benefits offered to all employees

    Cons

    Reorganize a lot causing uneasiness.

    Advice to Management

    Consider the 'caring' and 'open' core values more often.


  11. Helpful (6)

    "Statoil needs to understand culture when working outside of Norway. All they do is based on how its done in Norway."

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

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

    Pros

    Good work life balance is discussed and sometimes followed.The company is very organized in its procedures and when they are followed properly than they work.

    Cons

    Unless you are Norwegian than the chances of advancement are slim at best. Senior management also needs to really understand how business is done in countries outside of Norway. Salaries compared to the rest of industry are lower without question.

    Advice to Management

    To be a global company Statoil need to embrace a world attitude and work within countries and their traditions.


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