Pursuant to my write-up on Swiber on 24 Dec 2010 where I mentioned that Swiber is likely to announce some contracts during the seasonal award season from Dec to Mar, Swiber finally started to announce some contracts since 10 Mar 2011. Table 1: Contract announcements since 10 Mar 2011 S/No Contract Announcement Date Contract size (US$m) Remarks 1 22 Mar 11 US$27m 2 11 Mar 11 US$125m This was the bid whereby Swiber has contention with India’s Oil and Natural Gas Corporation. Eventually, Swiber managed to win the contract. 3 10 Mar 11 US$34m    Source: Ernest’s compilations Due to […]