Dodsal lowest bidder for $60m Gasco pipeline job
Indian contractor said to be lowest bidder on major pipeline contract
Other stories: World's 10 largest oilfield technology companies | World's 10 largest petrochemicals companies | Oil industry giants: ADNOC | Oil industry giants: Saudi Aramco | Top 10 MENA Region mega projects | Top 10 billion dollar oil deals of the summer | 2009's winners and losers in the oil industry | 10 events in oil's history that shook the world | Top 10 Gulf mega projects | Top 10 largest publicly traded oil companies | World's 10 largest oilfield services companies | World's 10 largest oil and gas contractors
The oil and gas contracting subsidiary of Indian conglomerate Dodsal is the favourite to be awarded a US$60 million nitrogen pipeline contract by Abu Dhabi Gas Industries Company (Gasco).
Business intelligence specialist MEED reported that the bid from Dodsal is the second lowest bid the company has submitted for two pipeline projects put out to tender by Gasco. It is believed that the bids are 10%-20% lower than bids from rival contractors.
“It looks like they really wanted to get these deals. They are already well mobilized in the UAE and they can get some good cost savings by doing both deals at once,” MEED quotes a source close to the bid process as saying.
The contract involves the construction of a 45 kilometre nitrogen pipeline linking Mirfa with the Habshan oil field in Abu Dhabi.
Dodsal has worked on a numerous of oil and gas contracts in Abu Dhabi including a number of pipeline projects for subsidiaries of the state-owned Abu Dhabi National Oil Company (ADNOC).