18 Jan Austrian Firm to Build Pipeline Factory in Nigeria
An Austrian Firm, ScanTECH Isoplus, has said that it is set to build one of the largest intrusion detection pipelines systems in the country.
Essentially, pipeline intrusion detection systems, have the capability to discern Third Party Interference (TPI), illegal tapping attempts and unauthorised excavation along buried pipelines; from a few to thousands of kilometres.
The system is able to detect, locate and even identify any intrusion attempt accurately along the entire monitored length in real-time. Recently, the national oil company requested investors to bid to fix pipelines and depots serving its oil refineries, many of which were built several decades ago.
The Austrian investors, Scantech Isoplus, the world’s biggest producer of insulated pipes with a yearly turnover exceeding US$ 250 million, said it is set to build the factory in Nigeria to support local production of the pipelines system.
Group Managing Director of Isoplus, Mr. Roland Hirner, who reiterated the commitment of the company to build and execute the latest ScanTech/Isoplus safepipe production facility in Nigeria, noted that it would generate between 400-500 direct jobs.
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