Transocean Reviews | Glassdoor

Transocean Reviews

Updated June 22, 2017
156 reviews

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Full-time Part-time

3.2
Star Star Star Star Star
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Transocean President and CEO Jeremy D. Thigpen
Jeremy D. Thigpen
26 Ratings

156 Employee Reviews

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Pros
Cons
  • I believe upper management should see who is ready to move up inside the company rather than someone who has never been offshore (in 7 reviews)

  • Oil and Gas Market condition impact work load (in 3 reviews)

More Pros and Cons

  1. "HR Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Generalist in Brazil, IN
    Former Employee - Human Resources Generalist in Brazil, IN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Work environment, professionalism, culture, vision

    Cons

    Need modernization of processes and procedures, as well as more agressive market tactics.


  2. "crane operator"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Crane Operator in Africa, MO
    Former Employee - Crane Operator in Africa, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Best work,schedule,good safety trainings courses accomodation,good salary,friendly managers and co mates.

    Cons

    I work in transocean for almost more than 13 yrs but last feb 2015 ,company give us an automatic lay off,i dont know were to go,after i got no job,until now i cant imagine how to support my students,and regarding the medical i did not re imburse my daugthers hospital bills that i believe we have a medical assistance that i enrolled,together with my Retirement savings fund at the age of 50 is maturity.

    Advice to Management

    I would like to extend to management to give the package what is for me,i mean my Retirement savings fund after i turn at 50.And hoping that Transocean will have a better contract again in offshore field . i like transocean .Thank you transocean!Gudluck!


  3. Helpful (1)

    "Disappointing"

    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
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Benefits have changed, so nothing to report for a Pro. Great if you work offshore.

    Cons

    Concerned with offshore personnel. Doesn't take care of office personnel. They laid off their best employees only to keep the political brown nosers.

    Advice to Management

    None-they don't take it. Only concerned with their own bonuses!


  4. "Roustabout"

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

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

    Pros

    Great company to work for. They spend the money to do things right. Good benefits 2 for 1 401k match up to 5%.

    Cons

    3 weeks away from family, but you get 3 weeks home as well. You miss a lot of holidays and birthdays.

    Advice to Management

    Focus on the people you hire not the policies you put in place


  5. "Terrible Corporate Culture!"

    Star Star Star Star Star
    • 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
    Disapproves of CEO

    I worked at Transocean full-time (More than 10 years)

    Pros

    None- this use to be a good company until change in CEO and HR

    Cons

    Poor upper Management- Executive level- disorganized and can't agree on anything!


  6. "Good money but average for the industry"

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

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

    Pros

    Great people to work with. Excellent benefits (200% of the first 5% matching on 401k, good HSA). Training programs are good.

    Cons

    It's a huge company with the bureaucracy to match. Lots of paperwork and burdensome regulations. Pay is high compared to land jobs but lower than many companies offshore. Everybody seems to be waiting for the axe to drop, more guys are laid off every day because of low oil prices.

    Advice to Management

    Don't lay off half the rig and expect to be able to do the same work. Don't compromise safety for money.


  7. "Transocean"

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

    I worked at Transocean full-time (More than 10 years)

    Pros

    This is not a bad company to work for in general. When times are good the workers are happy.

    Cons

    Unfortunately the oil industry is in a bad position at present. Transocean have had to make huge cuts in their workforce and decimated the experience that they once had employed. In general I feel that this should have bee looked at in a better way.

    Advice to Management

    The previous CEO had a vision for Deepwater drilling only, this in my opinion, was the wrong one. As we watch oil prices stabilize around the $50-$60 area, deepwater fleets will be very slow in picking up work, jackup and mid water fleet will be first. Remember the 'bread and butter' that made Transocean.


  8. "St. Toolpusher"

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

    I worked at Transocean full-time (More than 10 years)

    Pros

    Great pay and benifits good work hours.

    Cons

    To much policitics in office

    Advice to Management

    Work with your people who make the monies to keep you in business and hear their views.


  9. "Electronic Technician"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Electronic Technician in Houston, TX
    Former Employee - Electronic Technician in Houston, TX
    Recommends

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

    Pros

    The company did a good job looking out for employees benefits (med. Den. salary matching etc), pay, career.

    Cons

    The company treats all employees equal without regard to longevity, most often this is ideal, in some instances not so though, ex. during mass layoffs, employees with 15 to 20 yrs service were giving the same package as those with 4 yrs. Those with longer service to the company should have been rewarded for their lengthy service.


  10. "Roustabout"

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

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

    Pros

    Great pay and time off

    Cons

    Layoff and evaluation structure was flawed.

    Advice to Management

    Ensure evaluations are completed and use them to high grade the fleet.


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