(EnergyAsia, March 10, Tuesday) — Swiber Holdings, a Singapore-based offshore oil and gas service provider, has reported a net loss of US$11.3 million for the fourth quarter of 2008. The company blamed the loss on rising costs, and the delayed deliveries of the pipelay barge, Swiber Concorde, and the dive-support work barge, Swiber Supporter. (US$1=S$1.55)….
SINGAPORE: Swiber reports US$11.3 million loss for fourth quarter
Posted on March 9, 2009 by EnergyAsia