The pipeline runs both offshore and onshore from Khafji in Saudi Arabia to the final destination of Mina Al Ahmadi in Kuwait, Penspen said.
The two companies have been providing front-end engineering and design as well as project management services for this new pipeline since March 2010.
"The project is now at an advanced stage and will be completed under this new contract, which is set to run for 18 months," Penspen added.
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