SINGAPORE—Swiber Holdings has secured contracts worth around US$435 million (S$551 million), which the company said bears witness to the industry’s recognition of Swiber’s leading edge solutions.
The company, which provides construction and support services to the offshore oil and gas industry, said the Swiber Group won a contract worth US$330 million while a joint venture company secured a deal worth US$105 million.
Swiber did not provide any further details about the contracts, but Chief Executive Officer Francis Wong said he expects the Group to continue to attract high-value work from Asia-Pacific, Latin America and the Middle East.
“Geographical diversification will indeed continue to be the cornerstone of our growth path in the offshore oil and gas industry,” he said.
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