Singapores Swiber has won a contract worth $100m to provide engineering, procurement, installation and construction (EPIC) services for an unnamed national oil company in south Asia.
The project includes pipeline and subsea installation work, which is to commence on immediate basis, with completion expected in the first half of 2017, said Swiber.
Francis Wong, Swibers group CEO and president, said, We are pleased to have clinched yet another project for our long-time and valued client. Despite challenging market conditions, we believe that our strategy of establishing long-term relationships with our clients and our track record of completing our projects in a timely, cost-efficient manner have paid off.
The project includes pipeline and subsea installation work, which is to commence on immediate basis, with completion expected in the first half of 2017, said Swiber.
Francis Wong, Swibers group CEO and president, said, We are pleased to have clinched yet another project for our long-time and valued client. Despite challenging market conditions, we believe that our strategy of establishing long-term relationships with our clients and our track record of completing our projects in a timely, cost-efficient manner have paid off.