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Galfar snaps up $48m Oxy Oman civil works contract
MUSCAT, 28 days ago
Oman-based Galfar Engineering & Contracting has announced that it has secured a civil works contract from Occidental Oman (Oxy) worth RO18.5 million ($48 million).
The entire B53 & 72 contract will be executed within a period of 5 years.
If the extension option for 2 years is mutually agreed, Galfar said the potential associated additional contract value is estimated to be RO6.5 million.