Swiber has won a $310m engineering, procurement, construction, installation and commissioning (EPCIC) contract from a national oil company in South Asia.

The deal requires Swiber to deliver a range of EPCIC services for eight new platforms and related pipelines needed to develop a new offshore gas field located in South Asia.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The engineering work will start immediately with the entire expected to be completed in March 2017.

"Swiber has performed offshore projects with a total value of approximately $1.66bn."

Swiber will use its construction and support vessels, as well as project management team for the work.

Swiber group chief executive officer and president Francis Wong said: "This new contract is awarded by the national oil company for which we had previously completed a floatover platform installation project.

See Also:

"Over the years, Swiber has performed offshore projects with a total value of approximately $1.66bn, including consortium for this customer."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Swiber said it has continued to secure new projects despite the prevailing headwinds occured by the decline in oil prices.

In December 2014, the company secured a $710m EPCIC project in West Africa.

Singapore-based Swiber provides offshore construction services to the oil and gas industry. The company presently owns and operates a fleet of 81 vessels, featuring 13 construction vessels and 68 offshore vessels.