News tagged "Galfar engineering and contracting"

Late payments impacted Gulf’s contractors in 2017

Late payments impacted Gulf’s contractors in 2017

28th November 2017

According to *Constructionweekonline news report, late payments appear to have been a thorn in the side of the Gulf’s contractors this year, and the impact of delayed dues is visible in the financial performance of regional organisations.[..]

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Galfar awarded US$100 mn, 2005 oil production maintenance contract extension up to August 2015

Galfar awarded US$100 mn, 2005 oil production maintenance contract extension up to August 2015

10th July 2014

Oman-based contractor Galfar Engineering and Contracting Co has secured a US$ 100 million contract extension from Petroleum Development Oman (PDO) for its maintenance of oil production facilities in the north of the country. Galfar was originally awarded the contract for work on the north Oman off-plot delivery in May 2005 and was previously given a variation to contract (VTC) which extended its work with PDO until August 2014. The latest variation to contract (VTC) should it continue its work until August 2015, according to a statement from the company.[..]

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