Saipem wins $350m bid to lay Gulf pipeline
AFP, Abu Dhabi
Dolphin Energy Ltd. (DEL) announced Sunday it has awarded Italian oil exploration and engineering firm Saipem a contract valued at more than 350 million dollars to lay its gas export pipeline between Qatar and the United Arab Emirates (UAE). "Saipem is the successful bidder for Dolphin's engineering, procurement and construction (EPC) award to install the 370-kilometre (230-mile), 48-inch line," Dolphin said in a statement. The onshore EPC contract will cover the construction of Dolphin's facilities at Ras Laffan, Qatar, including the gas processing plant, the compression plant and offsite facilities. "To construct the export pipeline, some 440,000 tons of steel pipe will be manufactured in Japan and shipped to the Gulf. It will then be coated and laid in a continuous process by Saipem up to a maximum depth of 50 metres (165 feet)," it said.
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