UAE's Dolphin shortlists 3 firms for gas pipeline

UAE's Dolphin Energy has shortlisted 3 companies for the construction contract for a gas pipeline.

DUBAI: The United Arab Emirates Dolphin Energy has shortlisted three companies for the construction contract for a gas pipeline to link the capital Abu Dhabi with the east coast emirate of Fujairah, Dolphin said on Sunday.

Greece's Consolidated Contractors International Co, Russia's Stroytransgaz and Italy's oilfield company Saipem were the three companies left in the running for the contract, Dolphin said in a statement.

Six companies bid for the contract, it added.

Dolphin said it expected to award the contract by August 1. Dolphin imports gas to the UAE from Qatar. The Taweelah-Fujairah pipeline will allow it to pump some of the gas to a new power plant on the east coast.

Mubadala Development Co, run by the government of the emirate of Abu Dhabi, owns 51 per cent of Dolphin. France's Total and US Occidental Petroleum each have a 24.5 per cent stake. Dolphin awarded in December the contract to supply steel for the pipeline to Germany's Salzgitter.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › UAE's Dolphin shortlists 3 firms for gas pipeline
Text Size:AAA
Success
This article has been saved

*

+