Manufacturing Industry

QATAR: Construction start-up on planned $1,600,000,000 gas processing plant, JGC CORP. [Japan] - Order #: 075405.

WWP- Report on Oil Gas & Petrochemicals in the Developing World, July, 2005

PROJECT OVERVIEW:

DOLPHIN ENERGY LTD. was created to develop substantial energy projects throughout the GCC. Its objective is to create long-term economic wealth and new business opportunities for GCC citizens, far into the future. The company's major strategic initiative, the Dolphin Project, involves the production and processing of natural gas from Qatar's North Field, and transportation of the dry gas by pipeline to the UAE.

DOLPHIN ENERGY is owned 51% by MUBADALA DEVELOPMENT CO., on behalf of the government of Abu Dhabi, and 24.5% each by TOTAL SA of France and US-based OCCIDENTAL PETROLEUM.

As things currently stand, the foundation stone for DOLPHIN ENERGY's gas processing plant in Qatar was formally laid in early June 2005 in Ras...

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