Dolphin gas megaproject logs further progress

One of the Middle East oil and gas industry's most ambitious undertakings, the Dolphin natural gas project, continues to mark progress.The $3.5 billion Dolphin project centers on developing gas and condensate in Qatar's offshore supergiant North field and exporting the gas to the UAE under a long-term, phased expansion program.In the latest development, the state-owned UAE Offsets Group (UOG) selected Occidental Petroleum Corp. to assume a 24.5% interest in the Dolphin project, replacing Enron Corp. as the third partner of the Dolphin Energy Ltd. (DEL) partnership heading up the venture (OGJ Online, May 20, 2002). FACTS Inc. Pres.Fereidun Fesharaki"When the (Dolphin) project was...

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