Omani Galfar Wins $95 M Contract with BP for GGS

Omani Galfar Wins $95 M Contract with BP for GGS

Galfar Engineering & Contracting Company has signed a contract worth approximately $95 million with BP in Oman for the construction and installation of a gas gathering system, Muscat Daily reported.

“The contract term is for 33 months starting from March 15, including mobilization and is valued circa $95 million. We expect reasonable income from this contract,” Galfar stated in a disclosure filed with the Muscat Securities Market.

Earlier in March, Galfar was also awarded a $41 million subcontract by Petrofac E&C Oman for “CMEI works package 1” for Salalah LPG project.

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