Galfar Engineering & Contracting SAOG, Oman announced in a statement that it has awarded a service contract “The provision of Civil Works Services for B53 & 72”.
The Project was awarded by Occidental Oman (Oxy).
The estimated value of the call-off contract is approximately OMR 18.5 million for an execution period of 5 years.
If the extension option for 2 years is mutually agreed, the potential associated additional contract value is estimated to be OMR 6.5 million.
The company stated that, we take this opportunity to express our appreciation to Occidental Oman (Oxy) on the confidence vested on Galfar through this award.