Construction & Real Estate

Galfar snaps up $48m Oxy Oman civil works contract

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.