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Swiber banks on shallow water prospects to maintain momentum

Besides top revenue contributors Latin America and South Asia, the firm is also eyeing the African basins

On Swiber's Daman bid that was over US$100 million higher than the second lowest bid, Mr Yeo said: "We were preparing for a competitive market when we bid in India."


SWIBER Holdings is cautiously optimistic that new order momentum can be maintained due to sustained field development activity in shallow water basins.

Deputy chief executive Darren Yeo cites shallow water prospects in Latin America and South Asia - two regions projected