Dolphin Energy Concludes Tender Evaluation for TFP Construction Contract

Dolphin Energy has announced that it is in the process of concluding the evaluation of priced tenders for the construction contract of its new Taweelah-Fujairah gas pipeline across the United Arab Emirates.

Five priced tenders from international construction companies have been received by Dolphin Energy of which three are reportedly within a competitive range.

They are Consolidated Contractors International (CCC) of Greece; Stroytransgaz (STG) of Russia and Saipem-Snamprogetti of Italy. The award is expected to be finalized by August 1, 2008.

The award for the Taweelah-Fujairah pipeline (TFP) was announced in December 2007. The order went to Salzgitter Mannesmann International, and is worth more than $200 million.

The company noted that some 120,000 tons of X70 48-inch coated line pipe will be supplied in total. Already more than 40% of the pipe lengths have been received, with delivery completion set for spring 2009.