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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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THE ECONOMY - UAE OFFSETS GROUP
 Dolphin Energy seeks more gas from Qatar
Posted on 07/12/2009
Dolphin Energy, the Abu Dhabi firm that imports gas from Qatar, is in talks with Qatar Petroleum to increase its gas supply by up to 15 per cent.
The Qatari national oil company said it might be able to increase the gas it supplied Dolphin under interruptible contracts to as much as 400 million cubic feet per day from about 90 million cfd currently.
"Discussions concerning any additional supply and the final amount of natural gas supplied have not been finalised. It is hoped that any
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![]() Dolphin Energy Limited scoops environmental award
Posted on 19/10/2009
Dolphin Energy Limited announced yesterday that it had won the Environmental Vision in Energy sector prize at the recent Qatar Today Green Awards 2009.
The company, which has a solid track record in initiating and supporting environmental and social responsibility programs, received the accolade because of its pioneering coral reef investigations in the South-eastern Arabian Gulf.
The three year study mapped coral habitats and status growths in both Qatar and Abu Dhabi and was a highly
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 Dolphin Energy plays a key role
Posted on 24/08/2009
Dolphin Energy, the UAE's multi-billion dollar natural gas pipeline which pumps gas from Qatar and connects Qatar, Oman and the UAE, is creating new employment opportunities and playing a vital role in realising Plan Abu Dhabi 2030, a senior Dolphin official said yesterday.
"Dolphin now provides the emirate with 929 million cubic feet of gas per day, which helps boost the emirate's economy," a statement issued by the Abu Dhabi Executive Council quoted General Manager of Dolphin Energy for the
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 Dolphin Energy reaches 1st milestone on Taweelah, Fujairah Gas Pipeline
Posted on 17/08/2009
Dolphin Energy Limited announced yesterday that it had reached the first of three major completion milestones for its Taweelah to Fujairah Gas Pipeline (TFP) project. Commissioning of early gas facilities is now complete at Dolphin Energy's Gas Receipt Station that services ADWEC's new power and water desalination plant at Qidfa, Fujairah. This follows extensive modification work on one section of Dolphin's existing Al Ain to Fujairah Pipeline.
Commenting on the development, Mr. Ibrahim
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 Dolphin Energy signs US$4.1bn refinancing deal
Posted on 28/07/2009
Abu Dhabi-based Dolphin Energy has signed a US$4.1 billion (Dh15bn) debt package that refinances a US$3.45bn debt facility that was due to mature at the end of July, said people close to the deal. Last week the company issued a US$1.25bn, 10-year bond, which was the final tranche to be completed.
The other tranches in the refinancing are a US$1.42bn, 10-year commercial loan tranche and a 10-year, US$218 million tranche that is guaranteed by Italian export credit agency Gruppo Sace, said the
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 Dolphin to raise US$4.1bn through loans and bond issue
Posted on 16/07/2009
Abu Dhabi-based Dolphin Energy will raise US$4.1 billion (Dh15bn) through bank loans and a bond issue, according to international ratings agencies Fitch Ratings and Moody's Investors Service. The senior debt mainly comprises a bank debt facility, supplemented by bonds and US$1.2bn of co-lending by the project's sponsors (Affiliate Debt). Up to US$400m of the bank debt may be structured as a separate facility insured by SACE, Italy's Export Credit Agency; this debt would not be rated. The
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 Dolphin Energy's Dh12.6bn debt refinancing close to finalisation
Posted on 08/06/2009
The refinancing of Dolphin Energy's US$3.45 billion (Dh12.6bn) loan that matures in July is now in its "final documentation" stage, a source close to the deal told Emirates Business.
Greg Fewer, Assistant Director and Advisor, Project & Corporate Finance Unit at Mubadala – which owns 51 per cent of Dolphin – said the commitments are all in and Dolphin Energy, an Abu Dhabi based-energy company, is currently ironing out the final details.
Fewer, who declined to give specific details, said the
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 Dolphin Energy pipeline on schedule
Posted on 26/05/2009
Dolphin Energy Ltd, an Abu Dhabi state-controlled venture that transports natural gas to the rest of the UAE, will complete construction of a pipeline from Abu Dhabi to Fujairah by the end of 2010.
Dolphin is confident that Stroytransgaz, the Russian company building the pipeline, will meet the deadline and is not planning to tender part of the project to other companies, Adel Ahmad Al Buainain, general manager of Dolphin's Qatar division, said at a conference in Abu Dhabi yesterday. The
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 Dolphin Energy aims to add supply, pipeline capacity 22 May 2009
Posted on 23/05/2009
Dolphin Energy Ltd., the government- controlled venture that transports natural gas from Abu Dhabi to the rest of the UAE, plans to increase its fuel supply by more than half and increase pipeline capacity.
The company is technically ready to upgrade its pipeline facilities to ship at the full capacity of 3.2 billion cubic feet daily, Chief Executive Officer Ahmed Al Sayegh said in an interview on Thursday
in Abu Dhabi.
Dolphin, 51 per cent-owned by Abu Dhabi's state-run investor
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 Dolphin Energy signs US$3b refinancing loans
Posted on 28/04/2009
London - Abu Dhabi-based Dolphin Energy has signed US$3 billion of loans that will part refinance a US$3.45 billion debt facility maturing in July, two banking sources close to the deal said.
The new loans are a 10-year, US$2.6 billion commercial tranche and a 10-year, US$400 million tranche that is guaranteed by Italian export credit agency Gruppo Sace, the sources said.
Twenty-three banks provided the loans with Royal Bank of Scotland acting as financial adviser to the borrower, they
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 OPB, ADSB sign MoU
Posted on 25/02/2009
The Offset Program Bureau has signed a Memorandum of Understanding (MoU) with the Abu Dhabi Ship Building Company (ADSB) to strengthen their cooperation.
The MoU provides for establishing a cooperative relationship and collaboration with the defense companies and suppliers involved in the Baynunah program.
It also calls for exploring opportunities for growth and potential projects between ADSB and OPB.
The MoU was signed yesterday by H.E. Saif Mohamed Al Hajeri, Chief Executive Officer of
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 Conference to address offset's growing role in global trade
Posted on 08/02/2009
The expanding role of offset and countertrade operations in global trade will be the focus of the Abu Dhabi International Offset Conference (ADIOC 2009), to be held in Abu Dhabi on 18th and 19th February 2009.
The conference, to be held under the auspices of General/ His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Offset Program Bureau (OPB), will feature speakers from around the world, including
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 Tawazun set to unveil new projects
Posted on 21/10/2008
Tawazun, the investment company recently created by the Offset Program Bureau (OPB), is set to announce a package of new projects in defense, industry, and commercial sectors, according to Saif Mohamed Al Hajeri.
Al Hajeri, who is the Chief Executive Officer of Offset '&' Tawazun, made the remarks while addressing the Defense Industry Offset Association and Global Offset '&' Countertrade Association's Fall Conference, which ended yesterday in Coeur d'Alene, Idaho, USA.
Al Hajeri led a
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 Dolphin Energy awards US$418 million construction contract for Taweelah Fujairah gas pipeline
Posted on 23/07/2008
Dolphin Energy Limited announced yesterday the award of the construction contract for its new Taweelah to Fujairah Gas Pipeline (TFP) across the UAE to Stroytransgaz PJSC of Russia. Site work will begin during third quarter 2008.
The new gas pipeline will be 48 inches in diameter. It is to be laid over an environmentally approved cross-country route, through more than 240 kilometres of desert and mountainside - one of the longest and largest overland pipelines in the UAE.
The TFP will link
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 Dolphin Energy to fence key sections of Al Ain to Fujairah pipeline
Posted on 09/07/2008
Dolphin Energy announced Tuesday that work is about to begin to fence key sections of its Al Ain to Fujairah Gas Pipeline (AFP). The contract for $19.1m has been awarded to Al Husam General Contracting Establishment of Abu Dhabi, who will erect fencing along more than 100 kilometres of the 184 kilometre pipeline, a company press release said today.
This program has been designed to improve security and to ensure public safety. Some 40 kilometres of guard-rail will be installed as a security
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