Nexen

  www.nexencnoocltd.com
  www.nexencnoocltd.com

Nexen Reviews

Updated 18 November 2014
Updated 18 November 2014
61 Reviews
3.3
61 Reviews
Rating Trends

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Fang Zhi
6 Ratings

Review Highlights

Pros
  • Great people new organization trying to build into a local player in oil sands (in 8 reviews)

  • Great compensation and benefits (in 3 reviews)


Cons
  • Middle management is not college educated however has far too much power over decision making (in 4 reviews)

  • Low morale and highly stressful (in 3 reviews)

More Highlights

Employee Reviews

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  1. 3 people found this helpful  

    Nice place to collect a pay cheque...but If you are entrepreneurial and driven, look elsewhere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Planning/Economics in Uxbridge, England
    Current Employee - Planning/Economics in Uxbridge, England

    I have been working at Nexen as a contractor (more than 5 years)

    Pros

    - 2 fridays per month off
    - nice pension
    - great work/life balance
    - country club atmosphere, off-sites at expensive hotels

    Cons

    - no clear strategy, no long-term targets ever provided
    - heavy operational focus with little clue about the future
    - company is run by accountants who are obsessed with precision but do not understand the big picture
    - many people very busy working on things that do not add value, overstaffed
    - employee rank stack system is largely subjective, managers have no authority to properly rate their own people as other managers can overrule
    - zero autonomy, all decisions made at the top by arguably unqualified people
    - current power struggle between Calgary head office and UK division where the money is made
    - ongoing commitment to fund disaster mega-project which vacuums cash from the rest of the company. Poor capital allocation.
    - poor communication to staff following CNOOC takeover
    - Calgary management has not yet grasped that Nexen is now a subsidiary of another company. Current org structure makes no sense.

    Advice to ManagementAdvice

    You have a lot of talented people. Give some autonomy to staff and good things are likely to happen.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Challenging, time-pressured, fun but demanding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Technical in Uxbridge, England
    Current Employee - Technical in Uxbridge, England

    I have been working at Nexen

    Pros

    Work with technically-focussed people
    Opportunities to take on a lot of resposibility
    High exposure to senior management

    Cons

    Can be time-pressured in some teams, meaning that technical work can be sacrificed, for example, to meet rig schedule. Management can sometimes demand answers without sufficient time allocated for the technical work behind the answer.

    Advice to ManagementAdvice

    Let your technical people do the technical work required to get the best answer.

    Recommends
    No opinion of CEO
  3.  

    Co-op Student - Chemistry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Co-op Student - Chemistry in Fort McMurray, AB (Canada)
    Former Employee - Co-op Student - Chemistry in Fort McMurray, AB (Canada)

    I worked at Nexen as an intern (more than an year)

    Pros

    Great people, excellent compensation, excellent work schedule

    Cons

    I don't have any outstanding Cons.

    Advice to ManagementAdvice

    N/A

    Recommends
    Approves of CEO
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  5.  

    Generally a great place to work, strong emphasis on integrity. Big changes in the last 3 years lots of employee turnover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Calgary, AB (Canada)
    Current Employee - Anonymous Employee in Calgary, AB (Canada)

    I have been working at Nexen full-time (more than 8 years)

    Pros

    Good compensation. Flexible benefit packages, compressed work week options (couple of fridays off per month in exchange for slightly longer days).
    Useful in house training.

    Cons

    3 yrs of change and uncertainty have taken a toll on employee morale. Lots of retirements have opened up promotion possibilities but the company has also contracted due to selling off domestic properties.

    Advice to ManagementAdvice

    Continue the emphasis on the core business of producing but don't abandon the socially responsible values.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Crazy change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Calgary, AB (Canada)
    Former Employee - Anonymous Employee in Calgary, AB (Canada)

    I worked at Nexen full-time (more than 3 years)

    Pros

    Nexen has a lot of good people. There are a lot of long-term employees there, those with 10, 15, 20, and 25 years of experience. The benefits package is very good.

    Cons

    These days (2014) Nexen = change. After the CNOOC acquisition a great number of employees left of their own accord, with a large chunk out of middle and upper management. Since then there have been significant layoffs. As a result reporting structures are completely turned around and no one really knows what's going on. Morale is very low. HR is currently a bull in a china shop, and showing very little sympathy for valid concerns. I had some integrity concerns that arose prior to my termination.

    Advice to ManagementAdvice

    Things may need to change in order to streamline operations, but don't push for change just for change's sake. Recognize that gutting a company or even a department also means losing excellent employees. HR needs to assist in the change by being helpful, sympathetic, and professional, rather than acting as the emotionless executioner.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Great experience to gain as a summer student!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Summer Student in Calgary, AB (Canada)
    Former Employee - Technical Summer Student in Calgary, AB (Canada)

    I worked at Nexen full-time (less than an year)

    Pros

    Nice people to work with.

    Cons

    A lot of great and nice people have either been laid off or left.

    Advice to ManagementAdvice

    Look at more then the numbers.

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Busy with politics and changes.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Supervisor in Calgary, AB (Canada)
    Current Employee - Supervisor in Calgary, AB (Canada)

    I have been working at Nexen full-time (more than 8 years)

    Pros

    Good salary and benefits, used to have a good talent pool within the company.

    Cons

    Overworked without support because a lot of people from various departments have been let go!

    Advice to ManagementAdvice

    Don't make changes without considering full impact to business; don't make changes just for the sake of it.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Over all was a good place to work, unfortunately some persons were there too long. This is no longer the case.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - N/A in Calgary, AB (Canada)
    Former Employee - N/A in Calgary, AB (Canada)

    I worked at Nexen full-time (more than 5 years)

    Pros

    It was a good place to work, many people cared and wanted to see the company grow.

    Cons

    Some persons that were there too long were difficult to change in their ways. Wages were lower than peers within the industry. HR department stated that they were competitive, but some of their opinions were dated as well.

    Advice to ManagementAdvice

    When it was Nexen Inc, it was a good company, many of the upper management cared, but were not open to have external companies review their culture, therefore they were unable to learn from their mistakes and grow. Those are only two of the many reasons they were sold. My rating on Upper management only refers to the last two prior to the sale, they are very good persons, but not the persons required for the position.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Kind of so-so

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Calgary, AB (Canada)
    Former Employee - Analyst in Calgary, AB (Canada)

    I worked at Nexen as a contractor (less than an year)

    Pros

    There is close proximity to the 7 St. cycle track and the LRT at the Canadian head office. Onsite underground bike parking is free. As the building is in the west end of downtown Calgary, surface lot parking is a bit cheaper than in other parts of downtown. There are cold drinks in the meeting rooms, along with free coffee, fruit and granola bars in the kitchen.

    Cons

    Morale has taken a big hit since the CNOOC acquisition of Nexen. Cutbacks and layoffs are a regular [monthly/quarterly] occurrence, and that has taken its toll. IT was recently restructured into a matrix management arrangement. Many IT projects are, to paraphrase one long-time PM, half-baked. Specifically, some IT projects have a very limited scope and budget with questionable business benefit, with poor support from both the business and IT, yet they go ahead anyway. I worked a few projects that could have been replaced by two or three facilitated meetings, and wrapped up in a week instead of dragging on for months.

    The building [Calgary head office] is very dated in terms of layout and decor, although the Marketing dept has a very nice space.

    Advice to ManagementAdvice

    Internal communication is a problem, as it is in many companies. Business units [corporate, oil sands, Nor Am gas, UK] are in silos, and aren't well integrated. Nexen UK is operating like independent corporation, and a way should be found to integrate them better with the other groups.

    Doesn't Recommend
    Negative Outlook
  11.  

    Geology internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Geology Intern in Calgary, AB (Canada)
    Former Employee - Geology Intern in Calgary, AB (Canada)

    I worked at Nexen as an intern (more than an year)

    Pros

    People are friendly, and very open to helping out

    Cons

    HR is quite unorganized

    Recommends
    Neutral Outlook
    Approves of CEO

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