Weatherford Oil Tool Awarded LOI by Saipem for Dophin Gas Project

Weatherford Oil Tool Middle East Ltd has signed a Letter of Intent with Saipem (Portugal) Comercio Maritimo Lda for the pre-commissioning work on the Dolphin Gas Project pipelines (Qatar and U.A.E.). Weatherford's Pipeline & Specialty Services (P&SS) will begin work on this contract, worth approximately US $10m, Q3 2005, and expects to finish Q2 2006.

Weatherford's work scope includes filling, cleaning, gauging, caliper survey, hydrotesting, dewatering, drying and nitrogen purging/packing services for the project's three pipelines. These are the 36" 70km Sealine 1 and the 36" 86km Sealine 2, both exporting to Ras Laffan, and the 48" 361km Export Pipeline System from Ras Laffan to Al Taweelah. Weatherford Project Management will be coordinated from the P&SS office in Dubai, with support from four other Weatherford bases in U.A.E. and Qatar.

With an ever-growing portfolio of contract awards from Saipem and other contractors globally, Weatherford P&SS is fast becoming a market leader in the provision of pipeline pre-commissioning services.

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