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INDONESIA: PT Swiber Berjaya, a subsidiary of Swiber Holdings Ltd., has secured a letter of intent for platform installation works valued at US$31 million for an undisclosed international oil conglomerate based in Indonesia. The project, which is scheduled to take place from April 2008 to August 2008, will be carried out offshore Indonesia.
INDONESIA: Swiber Holdings' first pipelay vessel, Swiber Conquest, recently departed a shipyard in Batam, Indonesia, to join crane barge Da Li Hao for its first mission in Kodeco Energy-operated Poleng field in the Madura Sea off Indonesia.
Swiber Conquest will be deployed to lay three pipelines totalling 94 kilometres (58 miles), while Da Li Hao has commenced the installation of an offshore platform in the vicinity.
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