Transocean Reviews | Glassdoor

Transocean Reviews

Updated November 18, 2017
170 reviews

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170 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. "It wasn't always like this..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Transocean full-time

    Pros

    -Flex time work week and 1/2 day Friday
    -Decent benefits
    Five years ago, the Pros list would've easily outweighed the Cons list.

    Cons

    -Management is not interested in developing employees for growth
    -Long work hours and increased work responsibilities with no increase in pay
    -Company does not appreciate their employees
    -Bad communication

    Advice to Management

    Senior management should get feedback from employees on their work conditions. Seems that maybe mid-level management misrepresents conditions to senior management to make them conditions seem better than they really are.


  2. "Doing the best they can, odd choices in where to make cuts"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Third A/E
    Current Employee - Third A/E
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great benefits, decent backlog of work, well positioned for the recovery of offshore drilling.

    Cons

    Continued down manning of rigs. Promotion and transfers are all dependent on who you know or luck. Performance evaluations don't seem to be worth the paper they are printed on.

    Advice to Management

    Clarity, clarity, clarity. By the time information gets down to the deck plates (if it gets there at all) it is typically exaggerated or wrong.

  3. "Excellent start to Mediocre ending"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Many locals in the beginning with tight connections
    Good benefits in the beginning
    Good pay

    Cons

    Downhill slide after Deepwater Horizon Tragedy
    Many lay offs
    Many people leaving for stable careers
    Economic Decline

    Advice to Management

    None


  4. "Good money but average for the industry"

    StarStarStarStarStar
    • 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.


  5. "Offshore roustabout"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Roustabout
    Current Employee - Roustabout
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    The company held on to you if you were a good hand and did your job. 401k is 2 to 1 up to 5% on your 401k contribution.

    Cons

    We took a lot of pay cuts and and lost our pension. Insurance continues to go up each year. You can't call home from your room on board the vessel only certain positions have that luxury.

    Advice to Management

    Enough with the regulations. Help the working man do there job and not restrict us at every turn. Safety is very important to us. Find a happy medium with regulations in order for us to perform our jobs better.


  6. 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.


  7. "St. Toolpusher"

    StarStarStarStarStar
    • 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.

  8. "Excellent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Transocean full-time

    Pros

    Transocean offered tremendous opportunity if you were willing to take on the challenge.

    Cons

    There is a bit of the "good old boy" mentality but I believe that is prevalent throughout the oil and gas industry.


  9. "Electronic Technician"

    StarStarStarStarStar
    • 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"

    StarStarStarStarStar
    • 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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