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Title: Developing Mitigating Strategies for Causes of Delay in Oil and Gas Projects
Authors: Al Khoori, Khalid
Issue Date: 2017
Publisher: The British University in Dubai (BUiD)
Abstract: The focus of this study is on developing mitigating strategies for delays and cost overruns in the oil and gas industry. This study is grounded in theoretical research such as the Social, Technical, Environmental, Economic, and Political (STEEP) model and the System Dynamic (SD) theory including the evaluation of complex operational and organizational systems. Collecting data from in-depth interviews from one of the UAE’s petroleum exploration project, the overall reflection reveals a confirmation of a complex system(s) relationship between project overruns and delays with influencing factors from STEEP model; therefore, creating viability for the use of STEEP and SD theories in future studies. In particular, it established that economic conditions cause both cost overruns and delays, while environmental changes led to cost overruns and technology changes lead to project delays respectively.
Appears in Collections:Faculty of Business & Law

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