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Dolphin Energy Awards Major Contracts For Its Gas Processing Plant And Offshore Platforms

Source: www.gulfoilandgas.com 1/12/2004, Location: Middle East

Abu Dhabi UAE, January 12, 2004 Dolphin Energy Limited today named the three successful bidders who have been awarded substantial construction and equipment contracts in Qatar for the Dolphin Gas Project. The awards cover engineering, procurement and construction (EPC) contracts for both Dolphin Energy's gas processing & compression plant at Qatar's Ras Laffan and two offshore gas production platforms as well as the supply of the compression trains for the plant.

The EPC award for the gas processing and compression plant has gone to JGC Corporation of Japan, at a value of approximately $1.6 billion.

The plant, due to come on line in 2006, will be located at Qatar's Ras Laffan Industrial City. The plant will receive wet gas from Dolphin's facilities in Qatar's offshore North Field, and will strip out valuable hydrocarbon liquids including condensate and NGL products, for processing, marketing and sale. The plant will compress the resulting dry gas for transportation by Dolphin's export pipeline to the UAE. The construction period will be 42 months.

The contract includes commissioning and start-up, training of operations staff, and procurement of spare-parts.

The second award is for a significant equipment element of the plant - six compression trains will be driven by 52 MW gas turbines that will be supplied and commissioned by Rolls Royce Energy Systems of the UK.

The third award has been made to J Ray McDermott Middle East Inc, with a scope of work that provides for the fabrication, installation and hook up of Dolphin Energy's two offshore production platforms in the North Field.

Confirming the details of the awards, Dolphin Energy CEO Ahmed Ali Al Sayegh said: "We congratulate JGC, McDermott and Rolls Royce on their successful bids, which were both well-developed and competitively-priced. We look forward to working closely with each of them during the next three years."

Mr Al Sayegh added: "A quality performance from each company will be critical to Dolphin's on-time delivery of its first gas to the UAE in 2006."


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