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Swiber frontrunner in race for Indonesian contract

US$117.8m bid for EPCI work tied to Phase 2 of a gas project in East Java understood to be the most competitive

Published Thu, Jul 14, 2016 · 09:50 PM

Singapore

THE Indonesian unit of Singapore-listed Swiber Holdings is said to have emerged the frontrunner for a contract worth over US$100 million tied to Kangean Energy Indonesia's (KEI) Terang Sirasun Batur (TSB) Phase 2 gas project off Indonesia's East Java province.

BT understands that the Swiber group put in the most competitive price…

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