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Distribution of cost overruns of global oil and gas megaprojects post-FID 2014

Published by Statista Research Department, Aug 14, 2014
This statistic shows the distribution of oil and gas megaprojects that exceeded their budget post-FID (Final Investment Decision) in 2014. Fifteen percent of projects in the post-FID phase were between seventy-five and one hundred percent over budget in 2014.

Distribution of cost overruns of global oil and gas megaprojects post-FID in 2014

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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.
This statistic is a subset consisting of the top twenty largest post-FID projects.
Percentages were calculated by Statista.

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