Swiber awarded contracts worth US$153 million for execution in Southeast Asia

Wednesday, Feb 27, 2013

Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a world class integrated construction and support services provider to the offshore industry, announced that it has been awarded contracts worth approximately US$153 million. The contracts, which mark the first wins in 2013, largely entail transportation and installation of pipelines and offshore structures in Southeast Asia. Work for these contracts are expected to commence immediately with expected completion by 2013.

Commented Mr. Francis Wong, Group Chief Executive Officer and President of Swiber, “Over the years, Swiber has established a proven track record in executing challenging offshore construction projects that require precise execution and timely delivery. Swiber continues to raise this torch high, winning these contracts worth US$153 million from existing and new clients.

Source: Swiber Holdings

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