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Oman's Galfar awarded $299m construction contract

Galfar will build a new central processing facility at Petroleum Development Oman's Yibal Khuff project south west of Muscat

Galfar Engineering awarded $299.2m construction contract.{Representational Image]
Galfar Engineering awarded $299.2m construction contract.{Representational Image]

Galfar Engineering has been awarded a $299.2m (OMR115m) construction contract by Oman's top oil and gas producer, the firm revealed.

Galfar will build a new central processing facility at Petroleum Development Oman's (PDO) Yibal Khuff project south west of Muscat, according to a bourse statement.

The contract duration will span over 51 months.

Galfar said: "We expect reasonable income from this project."

PDO is 60% owned by Oman's government, 34% by Royal Dutch Shell, 4% by Total and 2% by Portugal's Partex, Reuter's repoted, citing PDO's website.

 

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