MUSCAT: Galfar Engineering and Contracting has signed contract worth OMR 40 million with OQ Group for an EPC project, the company said in a statement on Sunday.
“The estimated value of this contract which is signed 9/9/2021 is approximately OMR 40 million with execution time of around 42 months including maintenance period,” Dr. Hamoud Rashid Al Tobi, the Chief Executive Officer of Galfar said.
“It is expected that this contract will contribute to the Company revenues and further strengthen our presence in Oil and Gas and high capacity pipeline projects,” Al Tobi said.
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“We take this opportunity to express our appreciation to the OQ Group for the confidence vested on Galfar through award of this critical contract,” the statement added.
