Transocean Reviews | Glassdoor

Transocean Reviews

Updated January 10, 2018
21 reviews

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2.0
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Transocean President and CEO Jeremy D. Thigpen
Jeremy D. Thigpen
4 Ratings

21 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 6 reviews)

  • Long periods away from home, can be lonely (in 3 reviews)

More Pros and Cons

  1. Helpful (1)

    "Not what it used to be"

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

    I have been working at Transocean full-time (Less than a year)

    Pros

    The company has awesome benefits.

    Cons

    Unreasonable management expectations.
    Downsizing has caused immense workload.
    No career advancement opportunities.

    Advice to Management

    There have been many times I've heard the phrase "Get it done by X time frame, I don't care what you have to do to accomplish this, but just get it done...no excuses." This is the type of work environment that this company has adopted in recent years. These types of expectations only set a person up for failure and make an employee feel that they are just pawns in the grand scheme of things. Employee appreciation should become a common thing, as it once was in the past.


  2. "Be Careful chasing dollars instead of a career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Transocean full-time (More than 8 years)

    Pros

    The Co-workers will make up for all short commings.

    Cons

    They will cover they're azz at your expense. Take the money, trust no one.

    Advice to Management

    Remember where you came from. You'll never know when you need those "frontliners" away from your comfort zone.

  3. Helpful (1)

    "Industry Struggling"

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

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

    Pros

    fast paced, results driven, shrinking work force plenty to do

    Cons

    no clear survival strategy, shrinking fleet less to do

    Advice to Management

    good luck ... you need some


  4. "Decent company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Transocean full-time

    Pros

    Good pay and loved the work schedule

    Cons

    Company had a major layoff

    Advice to Management

    To be able to re-Hire your layed off employees.


  5. Helpful (1)

    "Transocean"

    StarStarStarStarStar
    • 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.


  6. Helpful (2)

    "Management is awful"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Technology in Houston, TX
    Former Employee - Information Technology in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    None. They own you not just 40 hours a week but nights and weekends.

    Cons

    Management is awful!. Manager, has no management skills. Keeps employees who can't do basic IT, cant show up on time, and doesn't work but won't fire them for fear that they will shoot him. Loses good IT staff who gets work done. Over works his hard working staff. Example of poor management he used a college graduate with 10 years experience, in IT and servers answering the phones full time, and doing basic IT support and supporting servers when he has 4 high school graduates who were hired to answer the phone and take care of basic IT support sitting around watching YouTube.

    Advice to Management

    They have some more House Cleaning to do.


  7. "Senior Project Engineer"

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

    Pros

    First rate co-workers and ability to shape your career. Worldwide travel, never a dull day.

    Cons

    Starting with Macondo culture has developed into a bunker mentality. Continuous reorganization and downturn have resulted in extensive lay-offs.

    Advice to Management

    Focus on retaining top talent at the expense of short term profits. When the turnaround comes, people will be your most valuable resource and harder to obtain then new iron.

  8. "Watch your six"

    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
    Negative Outlook

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

    Pros

    Financially positioned to weather downturns of cyclical industry
    Technical/engineering strength
    Competitive salary/benefits

    Cons

    Entrenched deadwood has outsized negative impact on corporate office culture
    Difficult near- to mid-term outlook raises stress of already difficult environment
    Industry still in retrenchment

    Advice to Management

    Take a closer look at manager-


  9. Helpful (1)

    "Trying to survive"

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

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

    Pros

    Great benefits, nice offices, employees are nice and there are lots of motivational events. They are easy to drive to and lots of nearby places for lunch.

    Cons

    Working 80+ hours a week. Management does not give clear instruction on what they want. The culture is one of fear and oppression. Not a good place to work. They offer little training on the systems but yet expect you to know how prepare complex analytics.

    Advice to Management

    need to streamline processes and listen to the people on the ground.


  10. Helpful (1)

    "No thanks"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Flexible schedule, never have to take work home

    Cons

    Pay below market, no upward mobility


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