Swiber enters West African market with US$710m deal

Singapore

SWIBER Holdings has broken into the lucrative West African oil market through a field development award, the group announced on Monday.

The offshore construction and support services provider to the oil and gas industry secured a US$710 million award from a Houston-based oil and gas company to provide engineering, procurement, construction, installation and commissioning (EPCIC) services for an offshore field development project. The project award includes the provision of full EPCIC services of an offshore processing facility, as well as associated subsea infrastructure developments. For the contract scope and duration, Swiber said it will be mobilising a full and dedicated project management team.