Nexen Reviews

Updated 5 August 2014
Updated 5 August 2014
52 Reviews

3.2
52 Reviews
Rating Trends

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Fang Zhi
3 Ratings

Review Highlights

Pros
  • Great people new organization trying to build into a local player in oil sands (in 7 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 3 reviews)

  • Not sure how the most recent takeover by Cnooc will affect the company (in 4 reviews)

More Highlights

Employee Reviews

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  1. 2 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 for 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.  

    Terrible Management

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

    I worked at Nexen full-time for more than a year

    Pros

    Co-workers were fantastic and the only reason to stay.

    Cons

    Management only looks out for themselves, paid middle of the road but expected very high performance from employees. Middle management violates integrity policies.

    Advice to ManagementAdvice

    Look into what middle managers are doing, get more control over operations because lower and middle management is a disaster.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Good company where you can gain experience

    • 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 for less than a year

    Pros

    good pay, more than what I expected

    Cons

    complicated procedures on everything. It is hard for new hire to focus on work

    Advice to ManagementAdvice

    simplify procedures.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Short Stay, felt like a time pocket

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

    I worked at Nexen

    Pros

    Great people, Easy to juggle work and family, compensation was on par

    Cons

    Mundane, no challenge presented itself while i was there (aside from staying awake and in the building)
    IT is years behind and fighting to get ahead. Management doesn't pay attention to their employees. Not counting Team Leads

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Senior Financial Analyst

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

    I have been working at Nexen full-time for more than a year

    Pros

    Great company to work for

    Cons

    Did not like the overtime

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Stuck in a rut

    • 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 for more than 8 years

    Pros

    Good compensation and benefits. Nice gym in the head office. Compressed work week option.

    Cons

    Management is driving this company in the ground. The morale is very low. There are lots of changes that are driven at cost savings but here chasing dollars to save pennies and that's because management is weak. The changes being implemented are not going to save the company. They need to need to be more receptive to changing processes and stop doing business with itself.

    Advice to ManagementAdvice

    Be more open to change and put your ego aside. We are too too heavy and need to look at changing how we do business as a way to save money rather than cutting small things like catering.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 2 people found this helpful  

    Once a great company..

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

    I have been working at Nexen full-time

    Pros

    People: Excellent Team of highly talented people
    Benefits
    Great schedule
    Lots of potential

    Cons

    New management is destroying what used to be a great company.
    Lack of vision and lots of conflicting priorities.
    Low morale and highly stressful.

    Advice to ManagementAdvice

    Senior management needs overhaul.
    Nexen used to be one of the best places to work.
    It had values and a strong work ethic.
    Be patient and the results will show.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Things are changing at Nexen

    Former Employee - Anonymous Employee  in  Calgary, AB (Canada)
    Former Employee - Anonymous Employee in Calgary, AB (Canada)

    I worked at Nexen full-time for more than 10 years

    Pros

    I used to be a good company

    Cons

    Changes are coming in upper management

    Doesn't Recommend
    Neutral Outlook
  11.  

    Great company - work life balance

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

    I have been working at Nexen

    Pros

    Great compensation and benefits. Wellness subsidy. Compressed work schedule - Two Friday's off per month. Corporate events. Great community.

    Cons

    New management with new corporate goals and objectives - trouble understanding exactly what those are at this time

    Recommends
    Negative Outlook
    Approves of CEO

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