Swiber gets EPIC work offshore India

Offshore staff

SINGAPORE – Swiber Holdings Ltd. has clinched a total of $405.6 million for a series of contracts, including its latest $333-million contract for engineering, procurement, installation, and construction (EPIC) services in India.

The project, to commence immediately, involves transportation and installation of submarine pipelines and engineering works and modification of existing facilities. Phase I is expected to be completed by 2Q 2016 and Phase II by 2Q 2017.

In addition, in recent months, the company also clinched a few other smaller contracts for mooring, jackup installation, and offshore pipeline and subsea work, in the Asia/Pacific region.

03/26/2015

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