Jump to content

Dolphin Energy

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Saranadnoam (talk | contribs) at 11:54, 10 February 2016. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Dolphin Energy
IndustryOil and gas
Founded1999 (1999)
FounderGovernment of Abu Dhabi
Headquarters,
Key people
H.H. Sheikh Hamdan bin Zayed Al Nahayan (Chairman)
Adel Ahmed Albuainain (CEO)
ParentMubadala Development Company
Websitewww.dolphinenergy.com

In 1999, the government of Abu Dhabi established Dolphin Energy Limited to implement the Dolphin Gas Project and link Qatar, the UAE and Oman in a unique, strategic energy initiative.

After several years planning, drilling, construction and engineering gas production started in July 2007 at the company’s onshore facilities in Ras Laffan, Qatar. Here, gas taken offshore, from the North Field, is processed before export via subsea pipeline to the UAE. In February 2008, the Project reached full throughput of 2 billion standard cubic feet per day, helping meet 30% of the UAE’s energy requirements. Supplies of natural gas to Oman started in October of the same year.

The overall investment in wells, sea lines, processing plant, export pipeline, receiving facilities and distribution network has made the Dolphin Gas Project one of the largest energy-related ventures ever undertaken in the Middle East.

Dolphin Energy’s overall objective is to create long-term economic wealth and new business opportunities for GCC citizens far into the future. By providing 333,000 barrels of oil equivalent every single the day the Project is supporting industrial growth, economic diversification and the transition to a low carbon future.

The long term customers for Dolphin Energy’s gas from Qatar are ADWEC (Abu Dhabi Water & Electricity Company), DUSUP (Dubai Supply Authority) and OOC (Oman Oil Company). Each has signed a gas supply agreement with Dolphin Energy for 25 years.

In addition, some additional volumes of gas are made available on an interruptible basis and supplied to SEWA (Sharjah Electricity & Water Authority), FEWA (the Federal Electricity & Water Authority) and RAKGAS (Ras Al Khaimah Natural Gas Commission).

Since operations began in 2007, the company has produced more than 6 trillion standard cubic feet of natural gas and recorded 100% plant availability for the seventh consecutive year. The Project is a well established, reliable and safe provider of clean energy for the southern Gulf.

Dolphin Energy Limited is owned 51 percent by Mubadala Development Company, on behalf of the Government of Abu Dhabi – and 24.5 percent each by Total of France and Occidental Petroleum of the USA.