DUBAI, 12 April 2006 — Dubai-headquartered Dodsal Group has been awarded a QR3.5 billion (about $951 million) contract, including long lead items, by the state-owned Qatar Petroleum for engineering, procurement, installation and commissioning (EPIC) of Common Cooling Seawater System Phase-II at Ras Laffan in Qatar.
“The contract, amongst the most sizeable in the region in terms of scale and value, is the highest thus far in Dodsal’s portfolio of EPC works,” the company said in an announcement yesterday. The Common Cooling Seawater System to be commissioned by Dodsal at Ras Laffan in Qatar will cater to the needs of LNG trains at Qatar Gas and Ras Gas. The system will also supply seawater to Q Power to be used for cooling and desalination.
With this EPIC contract, Dodsal Group’s order book is expected to cross approximately AED7 billion ($2 billion). Besides strengthening Dodsal’s presence in the region, the EPC contract also diversifies its portfolio of projects.
The Middle East is currently witnessing a surge in capital expenditures, with Qatar taking up a significant share. Dodsal has been an active participant in the Middle East EPC business. Its major thrust has been on projects in the energy and infrastructure sectors. Dodsal’s interest in the EPIC contract at Ras Laffan reflects its commitment to the expansion of infrastructure and energy sectors in Qatar. With this contract, Dodsal’s growth moves into top gear in the Middle East.
The project covers design, supply and commissioning of mega pumps and transformers (220 Kv) with a combined power requirement of around 120 MW. It also includes state-of-art DCS (Distributed Control Systems) and telecommunication systems. Phase II will augment the existing capacity of 310,000 cubic meter/hour to over 835,000 cubic meter/hour.A major part of the project is to be completed in 20 months while the balance is expected to be wrapped up in the ensuing 13 months.
The award of the contract is a reflection of the client’s confidence in Dodsal’s ability to execute the project with outstanding precision. The EPIC project will leverage substantial synergies from Dodsal’s extensive experience in implementing large-scale contracts. Dodsal will deploy the best of its resources and technical prowess to make the Common Cooling Seawater System at Ras Laffan a significant success.
Besides adding tremendous value to the Dodsal’s portfolio of EPC projects, the Ras Laffan Common Cooling Seawater System Phase-II in Qatar is a part of Dodsal’s aggressive five-year initiative. The Dodsal Group’s business is structured into four divisions. The engineering, procurement and construction division covers the energy and infrastructure sectors with a significant thrust on the energy sector.
