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
Singapore
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 as the largest contributors to group revenue for 2015 and 2016.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results