Coastal Energy secures drilling rig Nov 13, 2007Coastal Energy, has signed a 12 month drilling contract with Swiber Offshore Drilling Pte. Ltd. of Singapore.
Swiber incorporates new subsidiary company Nov 8, 2007The Board of Directors of Swiber Holdings Ltd has incorporated a new subsidiary known as “Swiber Offshore Drilling Pte. Ltd.” in Singapore (“Subsidiary”) with the initial issued share capital of USD100,000.