UAE's Dolphin shortlists 3 firms for gas pipeline

Business Materials 13 July 2008 19:40 (UTC +04:00)

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, Reuters reported.

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 Aug. 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 percent of Dolphin. France's Total and US Occidental Petroleum each have a 24.5 percent stake.

Dolphin awarded in December the contract to supply steel for the pipeline to Germany's Salzgitter.