Swire Oilfield Services expands in Southeast AsiaCompany News // June 27, 2014
Swire Oilfield Services has announced plans to invest further in Southeast Asia with the development of three new operational yards and the arrival of new rental equipment to its fleet.
The company, which established its first Southeast Asia base in Singapore in 2010 and has since opened further bases across the region, is the largest supplier of DNV certified cargo carrying units in the Southeast Asia market.
To better meet increasing customer demand in the region, the company has invested more than US$10 million USD by expanding its cargo carrying unit rental fleet and further developing operating bases in Myanmar, Malaysia and Thailand.
Development is due to be completed on all new bases by the end of the first quarter 2014 and is predicted to bring additional employment opportunities in local areas as the supporting operational infrastructure continues to expand in Southeast Asia.