This statistic shows the percentage of oil and gas megaprojects facing cost overruns in 2014, by global region.
Eighty-nine percent of oil and gas megaprojects in the middle east were facing cost overrruns in 2014.
Percentage of global oil and gas megaprojects facing cost overruns in 2014, by region
Characteristic
Percentage of projects facing cost overruns
Middle East
89%
Asia Pacific
68%
Africa
67%
North America
58%
Latin America
57%
Europe
53%
Created with Highcharts 7.2.2Percentage of projects facing cost overruns89%89%68%68%67%67%58%58%57%57%53%53%Middle EastAsia PacificAfricaNorth AmericaLatin AmericaEurope
0%20%40%60%80%100%
Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
EY. (August 14, 2014). Percentage of global oil and gas megaprojects facing cost overruns in 2014, by region [Graph]. In Statista. Retrieved April 15, 2025, from https://www.statista.com/statistics/526324/global-oil-and-gas-megaprojects-facing-cost-overruns-by-region/
EY. "Percentage of global oil and gas megaprojects facing cost overruns in 2014, by region." Chart. August 14, 2014. Statista. Accessed April 15, 2025. https://www.statista.com/statistics/526324/global-oil-and-gas-megaprojects-facing-cost-overruns-by-region/
EY. (2014). Percentage of global oil and gas megaprojects facing cost overruns in 2014, by region. Statista. Statista Inc.. Accessed: April 15, 2025. https://www.statista.com/statistics/526324/global-oil-and-gas-megaprojects-facing-cost-overruns-by-region/
EY. "Percentage of Global Oil and Gas Megaprojects Facing Cost Overruns in 2014, by Region." Statista, Statista Inc., 14 Aug 2014, https://www.statista.com/statistics/526324/global-oil-and-gas-megaprojects-facing-cost-overruns-by-region/
EY, Percentage of global oil and gas megaprojects facing cost overruns in 2014, by region Statista, https://www.statista.com/statistics/526324/global-oil-and-gas-megaprojects-facing-cost-overruns-by-region/ (last visited April 15, 2025)
Percentage of global oil and gas megaprojects facing cost overruns in 2014, by region [Graph], EY, August 14, 2014. [Online]. Available: https://www.statista.com/statistics/526324/global-oil-and-gas-megaprojects-facing-cost-overruns-by-region/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.