Bayelsa - Pipeline surveillance contractors from Obama, Okoroma in Nembe Local Government Area of Bayelsa State, have sued Nigerian Agip Oil Company, claiming N3 billion as damages for breach of contract, Vanguard reports.
The plaintiffs are claiming in the suit that Agip reneged on a contractual agreement entered on May 24, 2014 between parties, by opting out of the contract outside the terms of the contract.
The contract was for a retainership of surveillance services against oil thieves and pipeline vandals on Agip’s pipeline network within the Obama Operational Area in Okoroma, Bayelsa State.
Also read: Contractors give ExxonMobil 14 days ultimatum
They are asking the court to direct Agip to pay them N500 million being arrears for services rendered, for the period between June 2014 and October 2014, under the terms of the anti-crude oil theft surveillance agreement.
They also want the court to award the sum of N3 billion damages against the defendants for breach of contract and undue interference.
Read more at Vanguard
- News 24