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Monday, June 05, 2023 2:27 GMT

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Top News of Oman

Galfar Secures Major Petroleum Development Oman Deal

published:04/06/2023 11:10 GMT

Oman’s leading construction and contracting firm, Galfar Engineering and Contracting Company, has been awarded a massive contract worth RO280 million (US$727.27 million) by Petroleum Development Oman (PDO). Galfar shares surged nearly 8% on Sunday at the Muscat Stock Exchange following the announcement of the new contract award by the company. “We are pleased to inform our esteemed shareholders that PDO has awarded Galfar the Off-Plot Delivery Contract Qarn Alam via a letter of award that was...More


Latest Oil and Gas News

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