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Dolphin Energy Names SAIPEM To Install It's Exporter Pipeline From Qatar To The UAE
Italian Contractor Wins EPC Award to Lay 370 Kilometers of Pipe Supplied by Mitsui of Japan
Dolphin Energy Limited today announced that Saipem S.p.A of Milan, Italy will install its natural gas Export Pipeline between Qatar and the UAE, at a value in excess of $350 million.
Saipem is the successful bidder for Dolphin’s engineering, procurement and construction (EPC) award to install the 370-kilometer, 48-inch line. The line pipe has already been ordered from Japan’s Mitsui & Company.
On completion in 2006, the Export Pipeline will transport natural gas from Dolphin Energy’s processing plant in Qatar’s Ras Laffan Industrial City to landfall at Taweelah in the UAE Emirate of Abu Dhabi.
Dolphin Energy CEO Ahmed Ali Al Sayegh said that the award represented an essential milestone in the development of the Dolphin Project. “This pipeline is key to our plans, as it will transport valuable gas to our new energy markets in the UAE and subsequently Oman.”
He added: “I congratulate Saipem on their carefully-prepared bid. Dolphin looks forward to working closely with the company to ensure maximum efficiency, and minimum environmental disturbance, throughout the contract period.”
For Saipem, Chairman Pietro Franco Tali stated: “Saipem has wide experience in large size pipeline installation throughout the world and specifically in the Middle East. For us, this is a highly significant award, due to the contract value and fundamental importance of the project. We are delighted to be working with Dolphin.”
To construct the Export Pipeline, some 440,000 tons of steel pipe will be manufactured in Japan and shipped to the Gulf. It will then be coated and laid in a continuous process by Saipem up to a maximum depth of 50 meters.
The award was made in accordance with the recommendations of the Dolphin Tender Committee. Other approved bidders were Allseas ( Switzerland), J Ray McDermott (UAE), NPCC (UAE) and Stolt of France.
On January 12, 2004, Dolphin Energy announced the award of its initial Dolphin Project contracts – for construction of the Ras Laffan processing plant, supply of its compression units and construction of two offshore production platforms respectively.
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