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Inaugural 'Middle East Infrastructure Innovation' Award Goes To Dolphin Energy Ceo
Ahmed Al Sayegh Selected by Regional Panelists of MEIDC – Middle East Infrastructure Development Congress in Dubai
The first-ever professional award for infrastructural innovation in the Middle East was presented to the CEO of Dolphin Energy Limited, Ahmed Ali Al Sayegh, during a ceremony in Dubai on the evening of September 21st.
The award was made during the gala dinner of the Middle East Infrastructure Development Congress (MEIDC), being held on September 21 and 22 alongside Dubai’s current IMF/World Bank meetings.
US-based Senior Executive Partner of Booz Allen Hamilton, Eric Spiegel, presented the inaugural “MEIDC Infrastructure Innovation Award” to
Mr Al Sayegh, before a distinguished audience of international bankers, industrialists and energy executives.
The award recognizes Mr Al Sayegh’s key role in structuring the Dolphin Gas Project, and implementing the vision of the Chairman, His Highness Sheikh Hamdan Bin Zayed Al Nahayan.
This multi-billion dollar strategic energy initiative involves the production and processing of substantial quantities of Qatar North Field natural gas from 2006 and transportation of the resulting dry gas by pipeline to fuel the UAE’s long
term industrial growth.
David McLean, Executive Director of MEIDC, said that Mr Al Sayegh had been nominated during a lengthy process of consultation with regional CEOs prior to the Congress, now in its 8th year. “Our research showed that Mr Al Sayegh was nominated by almost every senior executive that we met for the conceptual ability and drive that he has shown in developing this giant project, and its high quality management team, over the last five years.”
Mr Al Sayegh expressed his appreciation for the award. He added "Without the continuous support of the Government of Abu Dhabi and the achievements of our professional team, the Dolphin Gas Project could never have become a reality."
Dolphin Energy Limited
Dolphin Energy Limited was created to develop substantial energy projects throughout the GCC. Its objective is to create long-term economic wealth and new business opportunities for GCC citizens, far into the future. Dolphin Energy’s major strategic initiative, the Dolphin Project, involves the production and processing of natural gas from Qatar’s North Field, and transportation of the dry gas by sub-sea pipeline across joint UAE-Qatari waters to the UAE, beginning in 2006.
Dolphin Energy’s first initiative, the Al Ain to Fujairah Pipeline, came on stream in January 2004.The pipeline supplies the Fujairah Water and Power Plant on the UAE’s East Coast – initially with natural gas from Oman, and subsequently with Dolphin gas from Qatar. In May 2005, Dolphin began to supply natural gas to the UAE Emirate of Ras Al Khaimah. The gas is being delivered via a tie-in near Qidfa between Dolphin’s Al Ain - Fujairah pipeline and the existing Emarat gas pipeline network.
Dolphin Energy is owned 51 percent by Mubadala Development Company, on behalf of the Government of Abu Dhabi – and 24.5 percent each by Total of France and Occidental Petroleum of the USA.
Detailed information about Dolphin Energy can be found on www.dolphinenergy.com
For further information contact:
Mirna Hijazi
Corporate Communications Manager
Tel +971 2 6995500
Fax +971 2 6995578