Galfar Engineering and Contracting, formed in 1972, claims to be one of the largest construction firms with engineering, construction, and procurement capabilities in Oman’s lucrative oil and gas sector. At the helm of the mighty regional player is chief executive officer, Dr Hans Erlings.
Galfar reinforced its position in Oman’s oil and gas sector by winning a $95m (OMR36.7m) contract from BP Exploration (Epsilon) to work on Phase 2 of a gas gathering system for the oil and gas giant.
Work on this 33-month contract started in March 2018 and Erlings said the Epsilon award would generate “reasonable income” for the contractor, which had to contend with payment delays late last year. The contractor boasts a solid pipeline of work for 2018 and beyond.
In a missive issued to the Muscat bourse last November, Galfar stated it had been “significantly affected by delays in receiving its dues” on projects, but confirmed it had a “solid work pipeline” to look forward to.