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Saturday, September 01, 2012

UAE's Dodsal wins $450 mln Abu Dhabi gas pipeline deal


Sun, Aug 26 08:26 AM EDT ABU DHABI, Aug 26 (Reuters) - The United Arab Emirates' Dodsal Group has won an estimated $450 million contract to build two pipelines from a gas processing plant south west of Abu Dhabi to industrial users to the north east of the capital, two sources said on Sunday. The 297 km pipeline will supply gas to Emirates Aluminium (EMAL) and other industries in Taweelah, a new industrial hub between Abu Dhabi and Dubai. "The contract was awarded a few weeks ago and work has begun," one source involved in the project said, adding that completion is scheduled for 2015. A source at Abu Dhabi Gas Industries Company (Gasco) confirmed the company awarded the contract to Dodsal. Habshan is an oil and gas hub in the western part of the emirate of Abu Dhabi. Gasco is a joint venture between Abu Dhabi National Oil Company (Adnoc) which owns 68 percent and Shell (15 percent) , Total (15 percent) and Partex (2 percent). (Reporting By Stanley Carvalho, editing by Daniel Fineren and Helen Massy-Beresford) == 15 Aug 22:50 Gasco Energy at EnerCom Oil & Gas Conf Q2 Gasco Energy Inc. Earnings Conf Call 01 Aug

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