Singapore's Swiber Holdings has been awarded subsea contracts in SE Asia worth approximately US$153-million. The contracts, with oil industry majors, mark the first wins in 2013, largely entail transportation and installation of pipelines and offshore structures in Southeast Asia. Work for these contracts are expected to commence immediately with expected completion by 2013. Commented Mr. "According to a market report by Infield Systems, the unprecedented demand for hydrocarbons is forcing national oil companies to increase their investment in pipelines in order to expand the network of connected shallow water gas platforms. Malaysia's National Oil Company…
