The Company was incorporated in Singapore on 12 November 2004 under the name of
Swiber Holdings Pte Ltd and assumed the present name on 10 October 2006.
The Group is an integrated offshore Engineering, Procurement, Construction,
Installation and Commissioning (EPCIC) contractor with in-house offshore marine
support capabilities. Its revenue is derived from two main business
activities:-
i) Offshore EPCIC — offers a full suite of EPCIC services which are customised
to cater to the different needs of its customers in the oil and gas industry.
These services are utilised at the exploration, development, production and
post-production stages in an offshore oil and gas project.
ii) Offshore marine support — supports business complements of offshore EPCIC
business by supplying its EPCIC customers with vessels for their offshore
projects. Swiber operates a fleet of support vessels which are chartered to
customers throughout their various stages in their offshore oil and gas
exploration, development and production projects. Its customers include
established companies engaged in the offshore exploration, development and
production of oil and gas, and marine contractors engaged in the design and
construction of infrastructure for such projects.
The Group's subsidiaries are located in Singapore, Malaysia and Indonesia with
a diversified customer base, having handled offshore EPCIC projects for and
provided offshore marine support services to customers in Singapore, Malaysia,
Indonesia, India, Thailand, China, Australia, United Kingdom and USA.
As at 17 September 2006, the Group has a fleet of nine operating vessels,
comprising five tug boats and four barges. Its fleets are deployed to waters
off countries such as Malaysia, Indonesia, India, Thailand and China.
SGX source · Source update: 06/26/2023 08:45:25 AM (timezone not specified). Source text may be historical.