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SWIBER OFFSHORE
Bankruptcy Code: Huge pile-up is the real challengeThe country’s debt recovery rates trail even the South Asia average (36.2 cents) and, obviously, the OECD average, says the World Bank.- ONGC close to solution for $800 million projects stuck post swiber crashONGC’s three projects off the western coast faced delays after Swiber, the offshore construction and support services provider for oil and ...
- Swiber appeals Bombay High Court to stop ONGC from invoking Rs 700 crore bank guaranteeThe Indian subsidiary of Swiber Holding Ltd had furnished the bank guarantee last year after bagging a construction, maintenance and servic...
- ONGC's Rs 8K cr western fields to be completed this yearONGC's over Rs 8,000 cr development of western offshore B-193 cluster fields will be completed this year that will add 28,000 barrels/day t...
- SC decision on ONGC pipeline row in July; stock downThe Supreme Court would start its final hearing on the $125-million ONGC contract for laying offshore pipelines along the country's west co...
- SC to decide on ONGC's $125 million pipeline project row in JulyThe high court had on April 6 set aside ONGC's decision to award the contract to a consortium led by Swiber Offshore company.
- Final hearing in SC on ONGC's $125mn contract by May-endThe SC would start its final hearing in $125 million ONGC contract for laying offshore pipelines along country's west coast in the last wee...
- SC notices to ONGC, Punj Lloyd on Swiber's pleaA bench comprising Justices V S Sirpurkar and T S Thakur directed ONGC and Punj Lloyd to file their replies within two weeks.
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