• search

Dolphin, NaftoGaz form consortium to bid for bigticket E

Written by: Staff
|

Mumbai, Apr 3 (UNI) Dolphin Offshore Enterprises, provider of integrated services to the Offshore Oil and Gas industry, has signed a memorandum of understanding (MoU) with NaftoGaz to work together on Engineering Procurement installation and Commissioning (EPC) contracts.

Dolphin said the contracts were related to the installation and commissioning of offshore platforms, pipelines and Single Point Mooring (SPM). The scope of the MoU also includes revamp projects related to existing infrastructure as well, the company release said.

As per the terms of the MoU, Dolphin Offshore and NaftoGaz will jointly bid for engineering and construction projects in India and the Middle East.

NaftoGaz will also explore the possibility of outsourcing to Dolphin Offshore, the supply of diving and other manpower and equipment requirements for its projects in the Black Sea and other parts of the world.

Commenting on the development, Dolphin Offshore Enterprises Joint Managing Director Satpal Singh said, ''The domestic and international Oil&Gas industry has been growing exponentially, and on the back of this Mou, Dolphin Offshore will have the necessary critical mass to bid for large EPC contracts and we will support NaftoGaz with our specialised diving, fabrication/topside and marine services.'' NatfoGaz is Ukarine's largest oil and gas company with an annual turnover of US$ 12 billion and operate over 220 oil fields in production across the world including the Black Sea and the Sea of Azores.

UNI SN KU AG2013

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more