Swiber clinches $235m worth of new contracts

Singapore: Offshore oil and gas service provider, Swiber Holdings, has won a series of deals to begin the year landing five contracts totaling around $235m.
Three of the contracts were awarded for works that will be executed in Latin America and Southeast Asia valued at close to $145m, while the other two contracts were awarded to Swiber’s associate company and joint venture company, and are to be executed in Southeast Asia. The contracts will commence immediately and are due for completion within the next 2 years.
Francis Wong, ceo and president of Swiber, said “Swiber continually endeavours to better execute our projects, increasing our safety profile, being on time and on budget. This proven ability and capacity in integrated construction and support services in the offshore oil and gas industry, coupled with our unwavering commitment to excellence, continues to be recognised by the industry.” [03/02/14]

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