Sofresid Awarded FEED for the Dolphin Project in Qatar.Business Editors MONTIGNY-LE-BRETONNEUX, France--(BUSINESS WIRE)--Feb. 13, 2002 Sofresid, a wholly-owned subsidiary of Bouygues Offshore (NYSE NYSE See: New York Stock Exchange : BWG BWG Bankwesengesetz (Federal Law on Banking, Austria) BWG Beam Waveguide (antenna) BWG Bundesamt für Wasser und Geologie (Federal Office for Water and Geology, Switzerland) - PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. : BOS.PA) and Foster Wheeler (NYSE:FWC FWC Fish and Wildlife Conservation Commission (Florida) FWC Foster Wheeler Corporation (Clinton, NJ) FWC Family Winemakers of California FWC Fresh Water Cooling FWC Flight Warning Computer ) joint venture has signed with Dolphin Energy Dolphin Energy is a gas company of Abu Dhabi. It was established in March 1999 by the Government of Abu Dhabi. As of today, Dolphin Energy is owned by Mubadala Development Company, on behalf of the Government of Abu Dhabi, (51% of shares), Total S.A. (24. Limited(1) (DEL) the contract for the front-end engineering and design (FEED) of the upstream facilities Dolphin project. The FEED contract is worth $10 million, of which $4 million for Bouygues Offshore, and covers: -- Two offshore production platforms. -- Two subsea pipelines from the platforms to the port of Ras Laffan in Qatar. -- An onshore gas processing facility in Ras Laffan. -- A gas compression facility in Ras Laffan. -- Two gas receiving and metering stations. -- Telecommunications and control systems. The $3.5 billion project aims to supply natural gas from Qatar's giant offshore North Field to the emirates of Abu Dhabi Abu Dhabi (ä`b  thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. and
Dubai.Sofresid will carry out the engineering for this major project at its offices in La Defense (Paris), France over a period of eight months. Commenting on this contract, Herve Le Bouc, Chairman of Bouygues Offshore stated: "Sofresid's recognized FEED expertise was the key to winning this important contract, which strengthens Bouygues Offshore's commitment to playing a major role in development projects in the high potential Middle East area." Note (1): Consortium between UOG UOG University of Gloucestershire (UK) UOG University Of Guam UOG University of Guelph (Ontario, Canada) UOG University of Glamorgan (Pontypridd, Glamorgan, Wales, UK) (United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. Offset Group) and TotalFinaElf. Foster Wheeler Ltd. is a global company offering, through its subsidiaries, a broad range of design, engineering, construction, manufacturing, project development and management, research, plant operation and environmental services. The corporation is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, NJ. For more information about Foster Wheeler, visit our World-Wide Web site at www.fwc.com From design engineering to start-up and maintenance, Bouygues Offshore provides its customers with turnkey projects in offshore-onshore oil and gas contracting, liquefied gases, maritime and river works and chemicals-refining/energy-industry. Driven by a strong commitment to the energy industry, an on-the-spot presence and a team of talented professionals, we deliver solutions that are safe, innovative and promote the success of our clients and our Company.Further information on the company can be found on line at www.bouygues-offshore.com. |
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