Sponsored By

Swiber inks $310m EPCIC contract with South Asian oil company

Swiber Holdings has bagged a $310m Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract with a South Asian national oil company.

Marcus Hand, Editor

February 12, 2015

1 Min Read
Kalyakan - stock.adobe.com

The contract with an undisclosed South Asian oil company covers eight new platforms and associated pipelines. Engineering work will start immediately with completion targeted for March 2017.

The new contract brings Swiber’s orderbook to $1.6bn have won a $710m West Africa contract late last year.

“Swiber is building a strong momentum in our project wins as this new contract follows on the heels of the West Africa award. As an established provider of EPCIC services for shallow water oil and gas field development, we believe that Swiber occupies a space in the offshore service value chain that will be less susceptible to spending cuts by the oil & gas companies,” said Francis Wong, ceo and president of Swiber.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like