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Swiber flags deferment of US$710m contract

Client, believed to be RoyalGate Energy, proceeding with development project off West Africa but expects delay

Singapore

SINGAPORE-listed offshore and marine (O&M) contracting group Swiber Holdings acknowledged, before stock trading began on Friday, that the delivery of a US$710 million contract for an offshore development project off West Africa has been deferred.

The client is

sentifi.com

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