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Dodsal secures $951 million deal from Qatar Petroleum

DUBAI — In a milestone initiative that significantly reinforces its leading position in the region, Dubai-based Dodsal Group, yesterday announced that it has been awarded a QR 3.5 billion ($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 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 Dh7 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 metre/hour to over 835,000 cubic metre/hour. A major part of the project is to be completed in 20 months while the balance will be over in the ensuing 13 months.