Oman-based engineering and construction firm Galfar Engineering has secured a construction contract for an oil and gas processing facility worth OMR115m ($298.7m) from Petroleum Development Oman (PDO).

The scope of the contract will include the construction of a new central processing facility at PDO’s Yibal Khuff project, located south-west of Oman’s capital Muscat.

The company will also be responsible for civil, mechanical, electrical as well as instrumentation works. The contract will have a duration of more than 51 months.

"We expect reasonable income from this project," Galfar said in a bourse statement.