Feb 4, 2014

Swiber Holdings contract wins worth a total US$235


Swiber Holdings on Monday announced a series of five "sizeable" contract wins worth a total US$235 million (S$299.8 million).

Three of these contracts, which amounted to US$145 million, were awarded to the group for works that will be executed in Latin America and Southeast Asia.

The remaining two contracts were awarded to Swiber's associate company and joint venture firm, for services that will be executed in Southeast Asia.

These contracts will begin immediately and are expected to be completed in next two years, it said.

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