14 July 2008
Dolphin Energy said yesterday it had nearly completed the evaluation of bids to construct a new gas pipeline between Taweelah in Abu Dhabi and Fujairah,
"Dolphin is in the process of concluding the evaluation of priced tenders for the construction contract of its new Taweelah to Fujairah Gas Pipeline across the UAE," the company said in a statement.
It said five priced tenders from international construction companies have been received, of which three are within a competitive range.
They are Consolidated Contractors International, Greece; Stroytransgaz of Russia and Saipem/Snamprogetti of Italy. The award is expected to be finalised by August 1.
The award for the manufacturing of the pipe was announced in December 2007. The order went to Salzgitter Mannesmann International GmbH, and is worth more than $200m (Dh734m). Some 120,000 tons of X70 48-inch coated line pipe will be supplied in total. Already more than 40 per cent of the pipe lengths have been received, with delivery completion set for spring 2009.
Dolphin was created more than seven years ago as a joint UAE-Qatar-foreign venture to transport natural gas from Qatar's North Field to the UAE and Oman through a 360-km subsea pipeline that began pumping gas into Abu Dhabi last year.
The company, which invested nearly $5bn in the project, is owned 51 per cent 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 US.
The numbers
$200m: Worth of order for the manufacturing of the pipeline
$5bn: Investment by the company in the project
Dolphin Energy said yesterday it had nearly completed the evaluation of bids to construct a new gas pipeline between Taweelah in Abu Dhabi and Fujairah,
"Dolphin is in the process of concluding the evaluation of priced tenders for the construction contract of its new Taweelah to Fujairah Gas Pipeline across the UAE," the company said in a statement.
It said five priced tenders from international construction companies have been received, of which three are within a competitive range.
They are Consolidated Contractors International, Greece; Stroytransgaz of Russia and Saipem/Snamprogetti of Italy. The award is expected to be finalised by August 1.
The award for the manufacturing of the pipe was announced in December 2007. The order went to Salzgitter Mannesmann International GmbH, and is worth more than $200m (Dh734m). Some 120,000 tons of X70 48-inch coated line pipe will be supplied in total. Already more than 40 per cent of the pipe lengths have been received, with delivery completion set for spring 2009.
Dolphin was created more than seven years ago as a joint UAE-Qatar-foreign venture to transport natural gas from Qatar's North Field to the UAE and Oman through a 360-km subsea pipeline that began pumping gas into Abu Dhabi last year.
The company, which invested nearly $5bn in the project, is owned 51 per cent 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 US.
The numbers
$200m: Worth of order for the manufacturing of the pipeline
$5bn: Investment by the company in the project
By Nadim Kawach
© Emirates Business 24/7 2008
