New research has revealed that nine out of ten oil and gas projects across the globe exceed their budgets

Press/Media: Research

Period19 Feb 2018 → 23 Feb 2018

Media coverage

3

Media coverage

  • TitleNew research from Coventry academic aims to cut fuel costs for consumers
    Degree of recognitionNational
    Media name/outletBirmingham Mail
    Media typePrint
    CountryUnited Kingdom
    Date23/02/18
    DescriptionA Coventry academic has released new research which aims to cut fuel costs for consumers – and management students in the city are set to learn from the global study.

    A study by Dr Evans Akwasi Gyasi, an academic from CU Coventry – part of the Coventry University Group – has revealed that nine out of 10 oil and gas projects across the globe exceed their budgets – leading to higher prices for consumers.

    The research, sponsored by the Ghanaian government, took place over four years and saw consultations with 33 industry experts from across the UK, Ghana, Angola and Nigeria, each with at least 15 years’ experience.

    Interviews with project managers, engineers and cost estimators highlighted the trend in the decade between 2005 and 2015.
    URLhttps://www.birminghammail.co.uk/special-features/new-research-coventry-academic-aims-14324101
    PersonsEVANS GYASI
  • TitleResearch: Nine out of 10 oil and gas projects exceed their budgets
    Degree of recognitionRegional
    Media name/outletOil Review Africa
    Media typeWeb
    CountryUnited Kingdom
    Date20/02/18
    DescriptionA study by Dr Evans Akwasi Gyasi, an academic from CU Coventry, which is a part of the Coventry University Group, found that there is a dramatic level of overspending by businesses in the oil and gas industry.

    Factors such as poor cost estimation, change of scope, lack of proper risk identification and response plan, delays in the supply chain and broader economic factors play a part in spiralling budgets, according to him.
    URLwww.oilreviewafrica.com/downstream/downstream/research-nine-out-of-10-oil-and-gas-projects-exceed-their-budgets
  • TitleNew research has revealed that nine out of ten oil and gas projects across the globe exceed their budgets
    Degree of recognitionInternational
    Media name/outletOil and Gas Technology
    Media typeWeb
    CountryUnited Kingdom
    Date19/02/18
    DescriptionA study by Dr. Evans Akwasi Gyasi, an academic from CU Coventry, part of the Coventry University Group, found that there is a dramatic level of overspending by businesses in the oil and gas industry.
    URLwww.oilandgastechnology.net/news/new-research-has-revealed-nine-out-ten-oil-gas-projects-across-globe-exceed-their-budgets