Galfar snaps up $48mln Oxy Oman civil works contract

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The entire B53 & 72 contract will be executed within a period of 5 years.

Staff Writer, TradeArabia

August 14, 2024

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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.

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