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Yokohama, Japan - JGC Middle East (JGC’s
subsidiary company in United Arab Emirates) has been awarded a
contract by Dolphin
Energy Limited (capital contribution ratio: Abu Dhabi Government
51%, TOTAL France 24.5%, Occidental Petroleum Corporation USA 24.5%)
for design, procurement, construction and commissioning services
for a large-scale gas processing plant. The contract, worth approximately
US $1.6 billion, was signed on 12 January. The construction site
is in Ras Laffan in Qatar.
Dolphin Energy Limited is planning a major project for natural
gas extracted from the North Field site in Qatar by a subsea pipeline
of about 70 km to Ras Laffan, processing the gas there before transportation
by a subsea pipeline of around 400 km to the United Arab Emirates
(UAE). It is intended that the gas will be used to fuel power generation
plants in Abu Dhabi and Dubai in the UAE and, in addition, for
export as LPG and condensate.
JGC Middle East will construct gas processing plants at Ras Laffan
in Qatar that will form the core of the project. Completion is
expected to be in 2006.
JGC has a track record of achievements in constructing an associated
gas processing plant and LNG plants and we envisage that this project
contract will help to build closer ties with Qatar. This contract
will also form a part of the current move by JGC, to strengthen
and further expand its upstream business activities.
JGC Corporation is an international engineering and construction
company based in Yokohama, Japan, having multiple operating centers
and executing large scale projects worldwide. JGC is currently
executing projects in UAE, Saudi Arabia, Oman, Iran, Egypt, Algeria,
Malaysia, and other countries.. Established in 1928, JGC has a
strong background in lump sum turnkey operations of both hydrocarbon
and non-hydrocarbon related projects with annual sales turnover
of approximately $3 billion. |