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
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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EY. (August 14, 2014). Distribution of cost overruns of global oil and gas megaprojects post-FID in 2014 [Graph]. In Statista. Retrieved August 07, 2022, from https://www.statista.com/statistics/526479/distribution-cost-overruns-global-oil-and-gas-megaprojects-post-fid/
EY. "Distribution of cost overruns of global oil and gas megaprojects post-FID in 2014." Chart. August 14, 2014. Statista. Accessed August 07, 2022. https://www.statista.com/statistics/526479/distribution-cost-overruns-global-oil-and-gas-megaprojects-post-fid/
EY. (2014). Distribution of cost overruns of global oil and gas megaprojects post-FID in 2014. Statista. Statista Inc.. Accessed: August 07, 2022. https://www.statista.com/statistics/526479/distribution-cost-overruns-global-oil-and-gas-megaprojects-post-fid/
EY. "Distribution of Cost Overruns of Global Oil and Gas Megaprojects Post-fid in 2014." Statista, Statista Inc., 14 Aug 2014, https://www.statista.com/statistics/526479/distribution-cost-overruns-global-oil-and-gas-megaprojects-post-fid/
EY, Distribution of cost overruns of global oil and gas megaprojects post-FID in 2014 Statista, https://www.statista.com/statistics/526479/distribution-cost-overruns-global-oil-and-gas-megaprojects-post-fid/ (last visited August 07, 2022)
