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    Galfar wins $60m Saipem contract for Oman's $7bn Duqm Refinery

    Muscat Securities Market-listed construction contractor Galfar Engineering & Contracting has been awarded a subcontract worth $59.9m (OMR23m) by Italy’s Saipem to work on Oman’s $7bn (OMR2.69bn) Duqm Refinery, which is being developed through a partnership between Oman Oil Co and Kuwait Petroleum International.
    Galfar wins $60m Saipem contract for Oman's $7bn Duqm Refinery
    Galfar has been picked to deliver mechanical, electrical, instrumentation, and piping fabrication works for Sub-Packages A and C.
    The clusters are part of the Duqm Refinery Package 3 – Offsite Facilities scheme that Saipem’s Oman branch is working on.
    In a statement undersigned by chief executive officer Dr Hans Erlings, Galfar said the contract is scheduled for completion by 27 November 2020, adding that it expected “reasonable income” from the deal.

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