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KAZTEC Engineering Limited (KEL), an indigenous oil service company, has signed an agreement with Shell Nigeria Exploration and Production Company (SNEPCo) for the construction of a 58-kilometre loopline at $84.5 million.
According to a statement by Kaztec, the agreement for Package 1 of the engineering, procurement and construction (EPC) of Trans-Nigeria Pipeline Loopline Project for Shell Nigeria Exploration and Production Company of Nigeria (SNEPCO), was concluded last week.
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The pipeline contract is expected to be completed and delivered within one year and Kaztec has assured Shell of delivering within the stipulated time frame.
Shell, firm seal $84.5m pipeline contract
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