Singapore-listed offshore services provider Swiber Holdings has clinched a USD80 million pipeline contract for a Latin American-based global energy company.



According to the company's filing to the Singapore Exchange, Swiber will provide installation of monobuoys, pipeline-end manifolds, and a submarine pipeline for the client.



The work is expected to start in the third quarter of 2015 and scheduled for completion in the first quarter of 2016.



"This project also helps maintain the business momentum Swiber has gained since the end of last year, strengthening our reputation as a long-term partner who can deliver quality work in a timely and cost-efficient manner," commented Swiber deputy group CEO Darren Yeo.

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