According to a recent report published in one of the Oman’s national daily, Galfar Engineering and Contracting has been awarded the construction services for Yibal Khuff project of Petroleum Development Oman (PDO), according to a filing to Muscat Securities Market.
The project is valued at approximately 115 million rials. The project with a duration of 51 months, involves construction of the central processing facility which includes civil, mechanical, electrical and instrumentation works.
“We expect reasonable income from this project,” the newspaper quoted Galfar as saying.
PDO is 60 per cent owned by the Sultanate’s government, 34 per cent by Royal Dutch Shell, 4 per cent by Total and 2 per cent by Portugal’s Partex. Recently, PDO had extended Galfar’s off-plot delivery contract (ODC North Oman) from April 1, 2016 to March 31, 2018.