Average cost overrun of global oil and gas megaprojects in 2014, by region
Average cost overrun of global oil and gas megaprojects 2014, by region
This statistic shows the average amount by which oil and gas megaprojects had exceeded their budget in 2014, by global region. Oil and gas megaprojects in North America exceeded their budget by an average of fifty-one percent in 2014.
Average cost overrun of global oil and gas megaprojects in 2014, by region
Average project cost overrun
Latin America102%
Middle East68%
Asia Pacific57%
Europe57%
Africa51%
North America51%
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Source

Release date

August 2014

Region

Worldwide

Survey time period

2014

Supplementary notes

A megaproject is defined here as a project having a proposed capital investment exceeding one billion U.S. dollars.

Average cost overrun of global oil and gas megaprojects 2014, by region
This statistic shows the average amount by which oil and gas megaprojects had exceeded their budget in 2014, by global region. Oil and gas megaprojects in North America exceeded their budget by an average of fifty-one percent in 2014.
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