Swiber Holdings, the integrated construction and support services provider to the offshore industry, says the company and its consortium partner have received a Letter of Award for an EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) contract worth US$618 million ($865 million) from a leading oil and gas operator in South Asia.

The scope of work comprises of the design, engineering, procurement, fabrication, transportation, installation and commissioning of major platforms. The work is expected to be completed in Q2 2012.

Raymond Goh, CEO of Swiber, says: “This US$618 million contract is the single largest contract Swiber has secured in a consortium bid to date. As our fifth contract win for 2010, this very significant contract win gives a major boost to the strong momentum of our recent contract wins.”