TOTALFINA ELF (France) and ENRON (United States) have concluded an agreement with the United Arab Emirates for implementation of a gas development project in Qatar called "Dolphin", which will require investments of between USD 8 and 10 billion over a 10-year period. The public company UOG -UAE OFFSETS GROUP- will own a 51% majority share in the project management firm while TOTALFINA ELF and ENRON will each own 24.5%.