Swiber Holdings

Swiber Holdings, a Singapore-based offshore engineering firm, has secured an engineering, procurement, construction, installation, and commissioning contract worth USD 310 million from a national oil company in South Asia. The second largest contract in the company’s history, the project involves work on eight new platforms and associated pipelines for the development of a new offshore gas field in the region. Engineering will begin immediately, with the project’s completion expected in March 2017.