French logistics firm Bolloré bags $133m deal for crude oil pipeline
Bolloré Transport and Logistics management with journalists at the Port of Mombasa on March 29, 2018. The firm will provide the transport and logistics services for the construction of the Hoima-Tanga pipeline. PHOTO | FILE | NMG
Local firms in Uganda and Tanzania will only play the support role in providing the transport and logistics services for the construction of the Hoima-Tanga pipeline, after oil giant TotalEnergies awarded the deal to French multinational Bolloré Logistics.
Bolloré’s media relations manager Cindy Patan declined to reveal the details of the deal, saying “we signed an NDA (non-disclosure agreement) with our client.” But sources say the French logistics giant will deliver the services within the budget of $133 million, which the company bid.