Swiber bags $110m pipeline project in Latin America

It also clinched a brand-new client.

Swiber Holdings has bagged a $110m (US$80m) pipeline project for a global energy company in Latin America.

Swiber will install pipelines and supporting structures for its client. This marks the first deal between Swiber and the energy company.

The contract will boost Swiber's order book to approximately US$1.9b. Installation work is expected to commence in 3Q15 and be completed in 1Q16.
 

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