Shaw Win JGC Pipe Fabrication Contract in Qatar

Shaw Group's 50-percent-owned affiliate, Shaw Nass Middle East Ltd., located in Bahrain, has been awarded a pipe fabrication contract to supply allindustrial pipe requirements for Dolphin Energy Ltd.'s new gas processing plant in Qatar.

Shaw was awarded the contract for fabrication of approximately 37,000 metric tons (41,000 short tons) of pipe by Japan Gas Corporation, the construction contractor for the facility. Scheduled to be completed in 2006, the new plant will be one of the largest gas processing facilities with an initial capacity to process 2 billion cubic feet of natural gas per day.

J.M. Bernhard, Jr., Chairman and Chief Executive Officer of Shaw, said, "This is a very important project for Shaw and our Shaw Nass joint venture. We were chosen for this project because of our proven capabilities to furnish complete pipe systems on-budget and on-time. When completed, this project will rank as one of the largest single fabrication projects in our company's history. The project also provides a substantial base load of work from which we can consider expanding our capabilities in the Middle East for emerging opportunities there in the process industry."

The Dolphin Energy plant is being constructed in Ras Laffan, Qatar by Dolphin Energy Ltd., a consortium of the Abu Dhabi Government, TOTAL France, and Occidental Petroleum Corporations USA. The plant will receive wet gas from Dolphin's facilities in Qatar's offshore North Field, and will remove hydrocarbon liquids (including condensate and NGL products) for processing, marketing and sale. The resulting dry gas will be compressed for transportation through Dolphin's export pipeline to the United Arab Emirates.

Shaw is the largest single fabricator of complex industrial piping systems in the United States and is the one of the largest fabricators that maintains the prestigious ASME "NPT" stamp certification to assemble piping systems for nuclear generating stations. The Company has fabrication operations in the United States, Canada, South America, the Middle East and China providing a combined production capacity unmatched in the industry. In addition to Shaw, A.A. Nass Group holds a 50-percent interest in Shaw Nass, which has been operating in Bahrain since 1994.

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Posted 20/02/05

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