Abu Dhabi: Dolphin Energy Limited today announced that it has reached the major production milestone of 6 trillion standard cubic feet (scf), since the company started operations in 2007.
The Dolphin Gas Project achieved full throughput in February 2008 and since then Dolphin Energy has been delivering 2 billion scf of natural gas per day to the UAE and Oman. It is meeting 30% of the UAE's energy requirements and delivering significant volumes of natural gas to each of the country's seven emirates.
Commenting on the achievement, Mr. Adel Ahmed Albuainain, Chief Executive Officer, Dolphin Energy Limited, said: "This milestone is significant because it demonstrates the important role Dolphin Energy continues to play in sustaining energy security in both countries, driving industrial growth and economic development as well as supporting the transition to a low carbon future. To have met this cumulative production total is a source of enormous pride."
The 6 trillion scf production total was achieved in spite of a challenging year when three new export gas compressors were commissioned at Dolphin Energy's upstream facilities to support the six compressors that are already in operation.
"This was a huge undertaking from an operational, technical and safety perspective. Installation of the three new compressors has helped enhance availability and reliability of natural gas supplies for the southern Gulf," Mr. Albuainain continued.
In addition, the company is on course to register at the end of February 100% plant availability for the seventh consecutive year.
Mr Hassan Al Emadi, General Manager - Qatar, Dolphin Energy, said: "We have a strong track record in maintaining plant availability because of our commitment to the highest levels of HSE, asset performance and integrity. Strong communication, teamwork and utilizing the skills and experience of our employees and contractors are also essential factors as is a commitment to continuous improvement. We will continue to make every effort to ensure gas supply to our customers."
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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 Gas 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 began in July 2007.
The long term customers for Dolphin Energy gas from Qatar are ADWEC (Abu Dhabi Water & Electricity Company), DUSUP (Dubai Supply Authority) and 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
Director
Corporate Communications
Tel +971 2 6995500
Fax +971 2 6995578
© Press Release 2016
