Dodsal Group has plenty of potential to expand its EPC business in the Mena region and beyond, with a track record of delivering a wide range of projects from pipelines and LNG terminals to railway networks and hotels.
The conglomerate has to work hard to make the leap and become one of the major oil and gas contractors in the Gulf. It has yet to compete with the large South Korean, European, US and Japanese contractors for major packages in the region.
However, it has the potential to win major packages in the future, having submitted a bid for the estimated $1bn North East Bab Rumaitha and Shanayel phase 3 scheme operated by Abu Dhabi Company for Onshore Oil Operations (Adco).
It has also landed the first contract on Masdars carbon capture storage megaproject, which is likely to divide into several additional packages and phases throughout the rest of the decade. Dodsal Groups success on the first EPC package could set a precedent for further work on the specialist scheme.
Dodsal Group has yet to prove it is capable of expanding into exploration and production, and mining and manufacturing, with the conglomerate yet to announce material progress on its projects in Tanzania and its Russian joint venture in India.