Galfar awarded USD15mn EPC contract for Salalah LPG Project
Galfar Engineering and Contracting Company (Galfar) has announced that it had been awarded a USD15mn (OMR5.8mn) EPC Building Works Package for the Salalah LPG Project by Petrofac E&C Oman. The period of the subcontract is 17 months. This brings Galfar’s total awards YTD to OMR52.3mn.
Galfar: OMR0.08 as of 11 Dec. 2017, Rating: Sell, TP: OMR0.07/share, MCap: USD84mn, GECS OM/GECS.OM
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