How many employees work at State Oil?

State Oil Ltd. has approximately 732 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. State Oil’s total headcount has declined 41.9% from 1,261 employees in 2023 to 732 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is State Oil hiring right now?

Yes, State Oil is actively hiring. State Oil had 9 active job postings in 2026, a 97.1% decline from 2025 — see job openings & hiring trends.

About State Oil’s Workforce

State Oil Ltd. is an Energy and Resources company that employs 732 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1999, the company is headquartered in London, United Kingdom.

State Oil's workforce has declined 41.9% from 2023 to 2026, down 14.3% year over year in 2026. It fell to a low of 732 in 2026 Q1 before recovering. Its workforce is concentrated most in Northern Europe (74.8%), followed by Western Europe (7.4%) and South America (7.1%).

State Oil's functional groups are Finance and Operations (41.7%), Engineering (36.7%), and Sales and Marketing (21.6%). The average salary is $53,215, ranging from a median of $55,000 in Western Europe to $7,000 in South America, down 11.5% year over year in 2026.

State Oil's active job postings fell 97.1% in 2026 to 9, with new postings per month cooling from 68 in 2023 to 7 in 2026. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

Headquarters
London, United Kingdom
Founded
1999
Industry
Energy and Resources
Employees
732
YoY
-14.3% (-482)

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State Oil Annual Employee Count (2023-2026)

Interactive chart of State Oil annual worldwide employee count from 2023 to 2026.
  • State Oil had 732 employees in 2026, a 14.3% decline (-482) from 2025.
  • State Oil had 818 employees in 2025, a 12.8% decline (-396) from 2024.
  • State Oil had 1,214 employees in 2024, a 1.8% decline (-134) from 2023.
  • State Oil had 1,348 employees in 2023, a 3.3% increase (+204) from 2022.

State Oil's total workforce has declined from 1,261 employees in 2023 to 732 in 2026. State Oil's headcount peaked at 1,359 in 2024.

State Oil Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1732-482-14.3%
2025Q4818-396-12.8%
2025Q31,034-178-6.1%
2025Q21,191-71-2.5%
2025Q11,214-145-3.7%
2024Q41,214-134-1.8%
2024Q31,212-133-2.0%
2024Q21,262+1+0.2%
2024Q11,359+177+4.3%
2023Q41,348+204+3.3%
2023Q31,345+268+5.0%
2023Q21,261+244+5.6%

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State Oil Employee Count by Region (2026)

Northern Europe accounts for the largest share of State Oil's global workforce with approximately 75% of total employees, followed by Western Europe and South America.

State Oil employees by region

RegionEmployees% of Total
Northern Europe53574.8%
Western Europe537.4%
South America517.1%
Sub-Saharan Africa223.1%
North America182.6%
Southeast Asia172.4%
South Asia111.5%
Southern Europe50.7%
Eastern Europe20.2%
North Africa10.2%

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State Oil Employee Count by Department (2026)

State Oil's employee groups are Finance and Operations (41.7%), Engineering (36.7%), and Sales and Marketing (21.6%).

State Oil employees by department

DepartmentEmployees% of Total
Finance and Operations30341.7%
Engineering26736.7%
Sales and Marketing15721.6%

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State Oil Employee Salary by Region (2026)

State Oil's average employee salary is $53,215 globally. Employees in Western Europe receive the highest compensation. Pay is lowest in South America, at a median of $7,000.

State Oil median employee salary by region (USD)

RegionMedian Salary
Western Europe$55,000
North America$54,000
Northern Europe$49,000
Sub-Saharan Africa$11,000
South America$7,000
Southeast Asia$7,000
South Asia$3,000

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State Oil Job Openings and Hiring Trends (2023-2026)

Interactive chart of State Oil annual active job postings from 2023 to 2026.
  • State Oil had 9 active job postings in 2026, a 97.1% decline (+3) from 2025.
  • State Oil had 6 active job postings in 2025, a 158.6% decline (-46) from 2024.
  • State Oil had 52 active job postings in 2024, a 42.4% decline (-28) from 2023.
  • State Oil had 80 active job postings in 2023, a 28.6% increase from 2022.
  • Hiring velocity in 2026: 7 new roles/month, down from 19 in 2025 and 35 in 2024.

State Oil's hiring is slowing: active job postings fell 97.1% in 2026 to 9, with new postings per month cooling from 68 in 2023 to 7 in 2026.

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State Oil Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across State Oil's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About State Oil

How fast is State Oil growing?
In 2026, State Oil's headcount shrank 14.3% to 732 employees, down from 1,214 in 2025.
See the full headcount history
Where are State Oil employees located?
Most State Oil employees are based in Northern Europe (74.8% of headcount), followed by Western Europe and South America.
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What is the average salary at State Oil?
The average employee salary at State Oil is approximately $53.2k per year.
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How many new job postings does State Oil open per year?
In Q1 2026, State Oil opened 20 new job postings. In 2025, State Oil opened 222 new job postings — about 19 per month.
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When was State Oil founded and where is it headquartered?
State Oil was founded in 1999 and is headquartered in London, United Kingdom.
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