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.

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