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Dolphin Energy Awards Major Low Sulfur Condensate Storage Expansion Contract In Qatar
Qatar Engineering & Construction Co. Wins $212 Million EPC Project to Double Size of Condensate Tank Farm
Dolphin Energy Limited today announced the award of a substantial $212 million contract to double the capacity of Qatar’s low sulfur condensate storage facilities.
This Engineering, Procurement and Construction (EPC) contract is for the expansion of the Common Low Sulfur Condensate Tank Farm at Ras Laffan Industrial City in northern Qatar. It provides for development of the tank farm’s storage capacity from 1.5 million to 3.32 million barrels, plus additional export loading facilities
The EPC contract has been awarded to Qatar Engineering and Construction Company (Qcon) at a cost of QR 765 million (approximately $212 million). Five companies had earlier been invited to bid for the project, and three eventually did so.
Dolphin Energy is now producing more than 1 billion standard cubic feet of gas daily (scf/day) offshore Qatar for processing at Ras Laffan and subsequent transport by pipeline to the UAE.
Dolphin is additionally the designated Operator of the Common Low Sulfur Condensate Tank Farm, under a Joint Venture Agreement between Qatar Petroleum ( on behalf of the Barzan Gas Project), Qatar Shell GTL (on behalf of the Pearl Gas To Liquids Project) and Dolphin Energy itself.
The existing Dolphin tank farm includes three 500,000 barrel tanks, together with an export loading dock. With the planned Pearl GTL and Barzan projects, there is a requirement for additional capacity consisting of one 500,000 barrel and two 660,000 barrel tanks, plus additional export loading facilities.
The scope of work for the Qcon EPC expansion contract includes engineering, procurement, provision of transportation, fabrication, construction, installation, testing, pre-commissioning and commissioning services.
Dolphin Energy Limited
Dolphin Energy Limited was created to develop substantial energy projects throughout the GCC and 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 export pipeline from Qatar to the UAE, which begun in July 2007.
The long term customers for Dolphin gas from Qatar are ADWEA (Abu Dhabi Water & Electricity Authority), UWEC (Union Water & Electricity Authority), DUSUP (Dubai Supply Authority) and from 2008 OOC (Oman Oil Company). Each has signed a gas supply agreement with Dolphin Energy for 25 years.
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:
Mariam Al Badr
Corporate Communications Manager
Tel +971 2 6995500
Fax +971 2 6995578