nov - dec 2010 issue swyber · nov - dec 2010 issue the official swiber newsmagazine swiber pjw...

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Nov - Dec 2010 Issue SWYBER The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domesc Gas Pipeline Project Aziz Launch Swiber Receive Bronze Award for Employee Programs Kreuz Subsea IPO Mother’s Day Celebraon Bowling Tournament Project Metamorphosis One Team CNY Starry Christmas Deepa Raya Winning the Bale US$117.5M EPCIC Consorum led by Swiber Mr. Francis Wong is appointed Group CEO and Group President Height Safety and Falling Hazards Campaign by NSE B-193 Field Development Project Kreuz Subsea Pte. Ltd in Brunei Swiber Offshore Construcon in Dubai Swiber Offshore Marine (B) Sdn Bhd in Brunei Swiber Engineering Ltd Swiber is Named in Singapore’s Top 100 Brands Swiber Gym whipped into shape Swiber Ranked 11th in Singapore’s Fastest Growing 50 and 4th in Internaonalising Award Aziz Scholarship Swiber Cares Scholarship for students in Myanmar Vallianz Holdings Ltd Swiber Cares reaches out to Hai Big Shots won gym challenge PAPE Engineering Swiber PJW 4000 Pte Ltd Swiber PJW 4000 LLC in Marshall Islands Change of Name of Subsidiary to Newcruz 2009 Swiber Annual Report First Swiber Sportsfest New Kreuz website New Vallianz website Smoking Cessaon Campaign Soaring teams of Swiber Swiber Brochure ADIPEC in Abu Dhabi 3M Man hours free of TRC by Swiber Brunei 2010 Swiber’s Gems 1MAS Launch SOC Family Day Corporate Services Cruise Champion West Cable Replacement Project SKID Project LQ transportaon and Installaon Commencement of Project with ONGC Commencement of B193 Field Development Project Highlights of 2010 Emoonal Excellence in the Workplace series of trainings Compleon of BG-PL jacket installaon Newcruz Engineering Ltd in Labuan Swiber Corporate Services Pte Ltd Equatorial Resources (Maurius) Ltd Bentley Marine Pte. Ltd Subscripon of Shares in Alam Swiber DLB

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Page 1: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

Nov - Dec 2010 Issue

SWYBERThe Official Swiber Newsmagazine

Swiber PJW 3000

Nick VujicicSwiber Walk The Talk

MOGEDomestic Gas Pipeline Project

AzizLaunch

Swiber Receive Bronze Award for Employee Programs

KreuzSubseaIPO

Mother’s Day Celebration

BowlingTournament

ProjectMetamorphosis

One Team

CNY

StarryChristmas

Deepa Raya

Winningthe Battle

US$117.5M EPCIC Consortium led bySwiber

Mr. FrancisWong isappointedGroup CEO and GroupPresident

Height Safety and Falling HazardsCampaign by NSE

B-193 FieldDevelopmentProject

Kreuz SubseaPte. Ltd inBrunei

Swiber OffshoreConstruction inDubai

Swiber Offshore Marine (B) Sdn Bhd in Brunei

SwiberEngineering Ltd

Swiber is Named in Singapore’sTop 100 Brands

Swiber Gym whipped into shape

Swiber Ranked 11th in Singapore’s Fastest Growing 50 and 4th in Internationalising Award

AzizScholarship

Swiber Cares Scholarship for students in Myanmar

VallianzHoldings Ltd

Swiber Caresreaches out to Haiti

Big Shotswon gymchallenge

PAPEEngineering

Swiber PJW 4000 Pte Ltd

Swiber PJW 4000 LLC in Marshall Islands

Change of Name of Subsidiary to Newcruz

2009 Swiber Annual Report

First Swiber Sportsfest

New Kreuzwebsite

New Vallianzwebsite

SmokingCessationCampaign

Soaring teamsof Swiber

SwiberBrochure

ADIPECin Abu Dhabi

3M Man hours free of TRC by Swiber Brunei

2010 Swiber’s Gems

1MAS Launch

SOCFamilyDay

Corporate ServicesCruise

Champion West Cable Replacement Project

SKID Project

LQ transportation and Installation

Commencement of Project with ONGC

Commencement of B193 Field Development Project

Highlights of

2010Emotional Excellencein the Workplace seriesof trainings

Completion of BG-PL jacket installation

NewcruzEngineering Ltd in Labuan

Swiber Corporate Services Pte Ltd

Equatorial Resources (Mauritius) Ltd

Bentley Marine Pte. Ltd

Subscription of Shares in Alam Swiber DLB

Page 2: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

EDITORIAL STAFF

Editor in Chief: Rizza EcharriStaff: MichelleM.CatapangAdviser: Mr.RickPursellContributor: DevonneEdora

SWIBER EVENTS 4 AzizLaunch 6 ThanksgivingDinner 7 AzizScholarship 101MASLaunch12SwiberisAwardedforEmployeePrograms133Q2010AnalystsBrief

SPECIALFEATURE22 2010Swiber’sGems28 TheSoaringTeamsofSwiber

REGULARFEATURES

HQHAPPENINGS 14 AStarryChristmas 16 SwingingChristmasforNSE 20 SOCFamilyDay 21 CorporateServicesCruise

QHSE 26 ExpandingConsciousness 27SeekingEmotionalExcellence

IT’SGREATTOBE 30 DonnabelleMagana LuJuan SiddheshPrabhu

pg 14

pg 20

pg 4

pg 16

Chief’s Message

TheEssenceofSuccess2010hasbeenanincredibleyearforSwiber,aswemarkedseveralbigmilestones:ForthecorporatesidewehadtheverysuccessfulKreuzSubseaIPOandtheacquisition of Vallianz; for the business side,we had various contracts awarded,markedcompletedprojectsforMOGEandShelland launchedthreeconstructionvessels:SwiberPJW3000,DLBAzizand1MAS300.

OneofthemostremarkablegrowthsthatInotedwasinourcorporategiving:wehavelaunchednewscholarshipprogramsinYangon,MyanmarandinNias,IndonesiaandhavesupportedJaneLeeinherquesttoclimbtheSevenSummits–inadditiontotheCSReffortsthatwearecurrentlyinvolvedin.Thisjustgoestoshowthataswegrowasacompany–theabilitytohelp–tomakeanimpactonotherpeople’slivesalsogrows.Thisistrulytheessenceofsuccess:thatwesucceednotjustforourselvesbutforothersaswell.

AttheveryfirstdayofthisNewYear,weweregreetedwithgoodnewsasSwiberIndiawasawardedthecertificateofcompletionforthesuccessfulinstallationofPLjacketforourBG-PLProject.Thisindeed,isaverygoodstartforus,aswemarkthe5thanniversaryofSwiberasapubliclylistedcompanythisyear.Throughtheyears,wehavebeenguidedbyourtwocorporatephilosophies:CauseNoHarmandEmotionalExcellenceattheWorkplace.Thisyear, Ienjoinyouto ingrain intoourcorporatecultureanothercorporatestrategy,whichIbelieve,willhelpustremendously inachievingoperationsexcellence.This isanexcitingthingto lookforwardtothisyear.

Whiletheeconomyissteadilyrecoveringandtheoilpriceforecastedtogrowby4%,andourbidbookcurrentlyat$5B,bigopportunitieslieinwaitforus.Butcompetitionslieinwaittoo.Onewaytowin-outistobecost-innovativeinthewaywedothings,fromthecorporateandtechnicalandcascadingthoughouroperations.Wewillremainonestepaheadifwearevigilantwithourcurrentresourcesandmaximizing in fullourcurrentcapabilities.WhateverroleyoumayplayinSwiber,maketheconsciousefforttoeliminatewastefulhabitsandbeinnovativeinimprovingyourefficiencies.TreatSwiberasyouwoulddoyourhome–foritistrulyyoursecondhome,yoursecondfamily.

Raymond GohExecutiveChairman

“As we grow as a company – the

ability to help – to make an impact on other people’s lives also grows. This is truly the essence

of success: that we succeed not just for

ourselves but for others as well”

Page 3: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

PressRelease:30Nov2010

SwiberannouncedtheofficiallaunchofAziz–500MTDerrickPipe- lay Barge (“DPB”), held 29 November at the NewcruzShipbuildingandEngineeringShipyard,in23TuasCrescent.

TheAzizisa500tonDerrickPipelayBargejointlyownedbythetwopartners,SwiberandRawabi.Withanoveralllengthof112meters,itiswellequippedwithpipelaycapabilityofupto60”diameter,andaccommodationcapacityof300men.

To celebrate the launch, Guest of Honor, His Excellency Dr.JamilMahmoudMerdad,AmbassadoroftheRoyalEmbassyofSaudiArabia,Mr.LeongTengChau,DivisionalDirectorforEnvi-ronment&EngineeringServicesofIESingapore,Mr.RaymondGoh,ExecutiveChairmanofSwiber,Mr.AbdulazizAliAlTurki,RawabiGroupChairman(“Rawabi”),Mr.FrancisWong,GroupPresidentandCEOofSwiber,Mr.OsmanAli Ibrahim,RawabiGroup President and CEO, key executives from Swiber andRawabi, aswell as an array of invited guests,witnessed thelaunchingceremonyofAziz.

LadySponsors,Mrs.GingGohwifeofSwiber’sExecutiveChair-manandMrs.FaizahAlDakheelwifeofRawabiGroupChaiman,markedtheceremonywiththetime-honouredNavytraditionofbreakingthebottleofnon-alcoholicchampagneacrossthebowtoformallylaunchthevessel.

Mr.RaymondGoh,ExecutiveChairmanofSwiber,said“Today,wemarkamajormilestoneinourpartnership.ThelaunchofAzizmarksthefirstvesseldeliveryforourjointventureandamajorstepforwardinourcapacitytoserveourcustomersinSaudiArabia.”

“This vessel marks both our commitment to as well as our optimism to working in Saudi

Arabia. This is still the world’s largest oil producing country, and with structural demand

for oil and gas from developing economies continuing to grow, we foresee tremendous op-

portunities for the offshore support service sector, and we intend to be in the forefront in terms of

customer mindshare” added Mr. Goh.

“ForSwiber,wearegladtobelaunchingourthirdvesselthismonth following the launchof theSwiberPJW3000 inearlyNovember.TheSwiberPJW3000wasmeant tobedeployedtoperformEPICworklargelyinSouthEastAsia,whileAzizwillbedeployedmainlyinSaudiArabiaandtheGulfCooperation

Countries.Thesetwovesselsembodyourgeographicalfocusinwhatwebelievetobethetwomostpromisingregionsforus.”

Mr.AbdulazizAliAlturki,RawabiGroupChairman,said“WeareproudtohavepartneredwithSwiberinthisbusinessven-ture.Todaywehavereachedasignificantmilestoneintermsofowningourfirstvessel.However,webelieve that this isonlythebeginning.WeseetremendousopportunitiesintheoffshoreoilandgasindustryinSaudiArabia,andweareex-citedtoberidingthisgrowthtrend.”

HisExcellencyDr.JamilMahmoudMerdad,theSaudiArabianAmbassadortoSingapore,said“WearedelightedwiththeJVbetweenSwiberandRawabiandItrustthatthispartnershipwillextendtoboththeEastandWestCoast,fromtheGulftotheRedSeaarea.SaudiArabiaisalandofopportunitiesandwethankSwiberforitscommitmenttobeinthiscountry.”

Twoyearsago,SwiberOffshoreConstruction,subsidiaryofSwiberandRawabisigneda50:50jointventureagreementandestablishedRawabiSwiberOffshoreServicesCompanyLimited,ajointventurecompany,basedinthecityofAl-Kho-bar inSaudiArabia.The jointventurecompany focusesonproviding services in thefieldofoffshoreconstructionandbidforEngineering,Procurement,Construction,andInstalla-tion(“EPIC”)projectsinSaudiArabia.(RefertopressreleasedatedOctober13,2008,“SwiberandSaudiArabia’sRawabiin50-50JVtotargetoffshoreprojectsintheGCC”).

- FirstvesseldeliveryfortheGroup’sjointventurewithRawabiGroup- MajorstepforwardtowardsservicingcustomersintheMiddleEastregion

Swiber and Rawabi Launches 500MT Derrick Pipelay Barge – Aziz

LadysponsorsMrs.GingGohandMrs.FaizahAlDakheel

HisExcellencyDr.JamilMahmoudMerdad,AmbassadoroftheRoyalEmbassyofSaudiArabia

SheikhAbdulazizAlturki

Mrs.RanaAlTurkiandsonMas-terMaherAbdulazizFawzi

Page 4: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

Aziz Thanksgiving Dinner

Afterthenamingceremony,athanksgivingdinnerreceptionwasheldatShagri-LaHotel,Or-chardRoad.ItwasalsoduringthiseventthattheDLBAzizscholarshipwasan-nounced.AzizwasthethirdvesseltobelaunchedbySwiberinthemonthofNovember.

Swiber Launches Aziz Scholarship The Scholarship program will sponsor underprivileged students from Nias, Indonesia Asaglobalcompany,Swiberiscommittedtogivebacktothe communitywhere it operates. This noble traditionstartedafterSwibercompleteditsmaidenprojectinMy-anmarwhere19studentsfromYangonweregrantedfulleducationscholarshipthroughSwiberCares,thecompa-ny’sCorporateSocialResponsibility(CSR)program. On29November2010,RawabiSwiberOffshoreServicesPte Ltd launched its 500MT derrick pipelay barge, Azizwithanamingceremony. To furthercommemorate theevent,SwiberExecutiveChairmanMr.RaymondGohandRawabiHoldingGroupChairmanSheikhAbdulazizAlturkilaunchedtheDLBAzizScholarship.Thecommitmentistosponsor theeducationof 20new students fromTomor-row’sHopeinNias,aSingapore-basedNGOmanagedbySingaporeansMr.ChrisMichaelsandwifeShinta.

NiasisanislandoffthewesterncoastofSumatra,Indo-nesiawhichwasheavilydevastatedbytheAsiantsunamiof2004andan8.7magnitudeearthquakein2005thathaveleftmanychildrenorphaned,fatherlessandindiresituations.

Thescholarshipwillprovidefortheschoolexpenses,books,uniformsandtransportationneedsofthestudentsanditwillrunthroughouttheusefulworkinglifeofDLBAziz. WiththeDLBAzizScholarship,SwiberCareswillonceagainextenditshelpinghandstoIndonesia.ThefirsttimewasinOctober2009wherevolunteerSwiberDoctorsweredis-patchedforan8-daymedicalmissiontotheearthquakevictimsofPadang.

Mr.RaymondGoh,SheikhAbdulazizAlturkiandTomorrow’sHopeRepresentativeMr.AlexChowKokJune

Tomorrow’sHopeisaSingapore-basedNGOwhichstarteditscharitableworksin Nias, Indonesia in 1997 togetherwithitslocalpartner,YayasanHarapanHariEsok(YHHE).

They provided education, healthcare,andvocationaltrainingforunderprivi-legedchildren.Theyhavebuildacom-plexcomprisingofaschool,achildren’shome and a vocational center whichwas mostly funded by the SingaporeRedCross(SRC)TidalWavesAsiafund.

About Tomorrow’s Hope

SWYBER pg 6

a) Group CEO and Group President Mr. Francis Wong on his opening speechb) Mr. Raymond Goh with guests and other Swiber senior managersc) Rawabi Group President and CEO Mr. Osman Ali Ibrahimd) Mr. Goh presenting the crystal with lasered Aziz image to Sheikh Abulaziz Alturkie) Mrs. Ging Goh together with the Alturki famiyf) Mr. Darren Yeo and Mr. Ossama Muhtassebg) Sheikh Alturki and Mr. Goh with Swiber partner Ms. Joyce Tee

a) b)

c) d)

e)

f) g)

Page 5: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

SWYBER pg 9

TheAzizisa500tonDerrickPipelayBargejointlyownedbythetwopart-ners,SwiberandRawabi.Withanoveralllengthof112meters,itiswellequippedwithpipelaycapabilityofupto60”diameter,andaccommoda-tioncapacityof300men.ThisheavyliftDerrickPipe-layBargeisthelatestadditiontoSwiber’sfleetofconstructionvessels.ItsinclusionwillgreatlycomplementandsupportSwiber’sorderbookofoffshoreoilandgasprojects,currentlybeingex-ecutedinSouthAsia,SoutheastAsiaandtheMiddleEastregions.Soonafteritslaunchingceremony,AzizwillsailofftoperformEPICprojects.

AzizAziz Specs

Pipe-Lay CapabilityHydraulic pipe line up stationwith transverseandlongitudinalconveyorsPipeOuterDiameterRange8”to60”AutomaticTensioners2x60MTNominalPull/SASA&RWinch1x120MTWeldingStations5xManualorAutomaticNDT1xRadiographyorUT

Coating/SurfacePreparation1xsetWeldingMachines16x400AmpDieselWeldingGenerators2x600AmpStinger1x26mx3mequippedwithU&VshaperollersRollersramp13setsofVshaperubbercoatedrollersDavits6x30Tons

BOS-TypeOffshoreCrane500MT@18mradius,70T@54mLiebherrdiesel–hydraulicropeluffing,ModelBOS14000-500DLitronicMainHookRating500mT@[email protected]

Page 6: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

1MAS-300isaPipelayAccommodationWorkBargewhichisthesuccessfulculminationofAlamMaritim’svisionofbuildingaworld-classoffshorecompany,offeringawideandintegrated

rangeofoffshoreservices.

ItrepresentsanimportantmilestoneforaMalaysiancompanytakingtheinitiativetobeselfsufficientasamajoroffshoreTrans-portationandInstallationplayer,asitisoneofthefewconstruc-

tionbargesflyingtheMalaysianflag.Withacranecapacityof300MT,2X60MTpipetensionerand300menaccommodation,

the1MAS-300isfullusufficientandcapableoflayingmostofthepipelinesfortheoffshoreoilandgasprojectsinMalaysiawaters.

Itwaslaunchedon25November2010atKualaLinggi,Melaka,Malaysia.TheguestofhonorforthisevenistheGovernorof

MelakahimselfHisExcellencyTunDatukSeriUtamaMohdKhalilBinYaakob

1MAS -300tt

Pipe-lay CapabilityClearDeckArea1,200m2TimberDeckSheathingArea1,100m2DeckLoad12.5T/m2PipeOuterDiameter4”to60”MaximumPipeJointWeight30.00kgPipeLength402.5feetPipeTensioner2x60MT@approx20m/min(payingout),ModelTEN60HA&RWinch1x120MT@approx20m/min(payingout).ModelWIN120ARApplicablePaying-inSpeed16m/minStinger1xfixedStinger26mx3mfittedwith4xV-type&1xU-typerollersHydraulicWinches1x15MTSingleDrumhydraulic“A-Frame”winch,ModelME15THAFWlinepull15MTx17m/minDavit6x35MT

Deck Crane1 x 300MTHuismanPedestal-MountedOffshoreCrane c/w46m jibandflyjibMainHoistStaticLoadCapacity300MT/9falls@10mradius76MT/9falls@44mradiusDynamicLoadCapacity240MT/9falls@12mradius48MT/9falls@44mradiusAuxiliaryHoist30MTsinglelineatallradius

Alam Swiber Offshore (M) Sdn Bhd

Vessel Specs

Page 7: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

SWYBER pg 13

PressRelease:11Nov2010

Swiber reported a 27.5% increase in rev-enue to US$122.4 million for the threemonths ended September 30, 2010(“3QFY2010”), as the Group recognisedcontributions arising from the projectsawarded to the Group since November2009,concentratedinSouthEastAsiaandSouthAsia.

Gross profit correspondingly surged79.9% to US$26.5 million in 3QFY2010from US$14.8 million in the same corre-spondingperiod inFY2009(“3QFY2009”).Grossprofitmarginwasup6.3%to21.7%in 3QFY2010 as compared to 15.4% inFY2009.

Net profit however declined 51.3% toUS$8.0millionmainlyduetofairvalueac-counting, forex losses and finance costs.Businessexpansioneffortsalsocontribut-edtohigheradministrativeexpenses.

Said Mr. Raymond Goh, Executive Chair-manofSwiber,“Weremainconfidentwiththe opportunities in the offshore oil andgassectorandwewillcontinuetoexpandourpresenceinkeymarketssuchasMid-dle East and Indo China. We have beeninvestingactivelyinvariouscountriesoverthe lastfive years including SaudiArabia,MalaysiaandThailand,andsoon,Indone-sia.We certainly look forward to furtherinvestment opportunities in exciting andgrowingmarkets.”

Said Mr. Francis Wong, Group CEO andPresidentofSwiber,“AsiaandMiddleEastremainsexcitingandwerecentlylaunchedSwiberPJW3000,oneofthelargestDerrickPipe-lay Barges in theAsia-Pacific region,tohelpstrengthenourmarketshareinthisregion. This represents one of our mostsignificantassetsandweintendtodeploySwiberPJW3000 toperformEPICwork inSouthEastAsia,SouthAsia,andtheMid-dleEast.”

“Going forward, we will continuously ex-plorenewopportunitiestoleverageonourstrong track record and strategic partner-shipswhilstprudentlymanagingourbusi-nessoperationsandcostefficiencies.”

Other Performance ReviewOtheroperating incomedecreased46.5%from US$14.5 million in 3QFY2009 toUS$7.8millionin3QFY2010,mainlyduetothedropinnumberoftransactionsasmostof the vessels under sale and leasebackhavebeendelivered.

Administration expenses increased by20.7% to US$10.4 million in 3QFY2010from US$8.6 million in 3QFY2009 mainlyduetoaone-offexpenseincurredfortheIPOofSwiber’ssubsidiary,KreuzHoldingsLimitedandanincreaseinbusinessdevel-opment costs, staff related costs, higherofficeandadministrativeexpensestosup-porttheGroup’sbusinessexpansion.

Other operating expenses increased toUS$10.0millionfromUS$1.1millionmain-lyduetochangesinfairvalueoffinancialderivativeembeddedintheUS$100million5%ConvertibleBondsissuedin4QFY2009of US$4.7 million. Net foreign losses in-creased by US$5.1 million for 3QFY2010duemainlytotheunwindingofcashflowhedgesandthedepreciationoftheUSDol-laragainsttheSingaporeDollar.

Share of profit from associates and jointventures declined 76.9% to US$454,000,duetojointventuresexperiencingoperat-ingdeficitduringitsinitialstageofopera-tions.

Financecostswasup55.0%toUS$5.7mil-lion in 3QFY2010 from US$3.7 million in3QFY2009 as a result of the issuance oftheUS$100million5%ConvertibleBondin4QFY2009.

US$8 Million Revenue on 3QFY2010 by Swiber- Gross profit surges 79.9% to US$26.5 million on 27.5% increase in revenue to US$122.4 million- Gross profit margin up 6.3 percentage points to 21.7% Net profit mainly affected by fair value ac counting and forex losses- Strong order book of US$800 million

Overall, net profit margin declinedby 10.6 percentage points to 6.5% in3QFY2010, as compared to 17.1% in3QFY2009.

Cumulatively, Swiber’s earnings andrevenue for the nine months endedSeptember30,2010(“9MFY2010”)wasUS$30.4 million and US$313.8 millionrespectively.

TheGroupmaintainedastrongbalancesheet with a healthy cash position ofUS$106.8 million. Net debt to equitystoodat0.86timesasatSeptember30,2010 as compared to 0.84 times as atDecember31,2009.

Swiber’s basic earnings per share,based on its 3QFY2010 results,was1.4 US cents from 3.2 US cents in3QFY2009,whilenetassetvaluepershareroseto64.0UScentsasatSep-tember30,2010,from58.9UScentsasatDecember31,2009.

Growth Strategies & OutlookCommenting on the momentum in2010,Mr.Gohadded,“Weareencour-aged by the increasing activities in theoilandgassectorsupportedbystableoilprices.Wewillcontinuetolookforwaystounlockthevalueofourbusiness.Therecentlistingofoursubseabusinesssetsamajormilestoneforusandweremainexcited about Kreuz Holdings’ plans toexpanditsrangeofservicesthroughac-quisitionofnewoperatingassets.”Swiber’s order book of approximatelyUS$800million is expected to contrib-ute to theGroup’s resultover thenexttwo years, barring unforeseen circum-stances.

Swiber is Awarded for Employee Health Programs Swiber received Bronze Award on its first year of joining the Workplace Health Promotion Program by the Singapore HPB

TheCauseNoHarmphilosophyguidesSwiberallthroughouttheexecutionofitsprojects,aswellasitsactivitiesforthecommunityanditresonatesmostes-peciallywithinitswallsastheorganizationstrivestoprovideasafeandhealthyworkplaceforitspeople.On26November,IndependentDirectorMr.ChiaFookEngandTrainingExecutiveMs.FeiriYennareceivedtheBronzeawardforSwib-erattheSingaporeH.E.A.L.T.H.(HelpingEmployeesAchieveLife-TimeHealth)Award2010ceremony. Gettingthisrecognitionisnomeanfeatasvarioushealth&wellnessinitiativessuchashealthtalks,healthscreeningsandfitnesstrainingprogramsshouldbeinplaceforonewholeyear,inordertoqualifyfortheaward.Thisyear’smainfocuswastheinter-departmentcompetitionsdesignedtooptimizetheuseofthefullyequippedSwibergym. LaunchedbytheHealthPromotionBoard(HPB)in2001,thisannualnationalawardrecognizesorganizationswithcommendableWorkplaceHealthPromotion(WHP)programsthatareinlinewithHPB’sgoalofadvocatingahealthylifestyle.

Last Octobe, Swiber conducted a series of tests and talks in its smoking cessation campaign. Soon after, a bowling tournament, movie therapy for Anxiety Management and health and fitness screenings were conducted among oth-ers. All such activities successfully executed were geared towards helping employees develop awareness and take initial steps towards a healthy lifestyle.

The first half of the year 2011 has more of these activities in store for Swiberites:

Coming Up...Coming Up...

IncredibleRaceSwiberEdition 21Jan2010BuildingSkillsforMentalWell-Being 24Feb8WeeksNutritionCampaign Mar-AprMovieTherapy 26May

TheSwiberHealthandFitnessCommitteeisspearheadedbyTrainingExecutiveFeiriYenna.

It consist of healthminded Swiberites from all over the company.Theyarededicatedtocomingupwithprogramsinordertomaintainthephysicalandmentalwell-beingofallSwiberites.

3QResultsBriefing

Page 8: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

It’s that timeof the year again and theSwiberChristmasprogramsjustkeeponshiningbrighter.Thisyear’sguestceleb-rities were 1st runner up of SingaporeIdol S3 Ms. Sylvia Ratonel and actressandradioDJforClass95FMMs.VernettaLopez. Sylviaopened theprogramwithaheartfeltrenditionof“SwiberDream,”a vocally powerful debut performanceoftheSwibercompanysongwhichisanoriginal composition. Vernettakept theenergylevelupasshehostedtheentire“Dig My Decade” competition with herengaging sense of humor and quick re-joinders.

Starry - starry NightSwiber’sveryowntalentscannotbeout-shoneasthestunningduo;GroupLegalCounselMr.DeepakKingsleyandEventsExecutiveMs.DorcasYimhostedthefirstpartoftheprogramattheMezzanine.

With the theme “Starry Starry Night,”theMezzanineandtheAuditoriumwere

turned into a constellation of sparklingshimmeringstardecors.ButnoneshonebrighterthantheSwiberitesthemselveswhowerealldressedtothenines–rep-resentingthefashionandiconsfromthedifferentdecades.This is in conjunctionwith the“DigMyDecade”Group talentcompetition where the different teamsperformed musical productions of thesongs popularized during their chosendecades.Thereweresixliveperformanc-es fromtheSingaporeofficeandnot tobe outdone, the four overseas officessentintheirpre-recordedentries,tothedelightofmany. Dig My DecadeEachteamwereinittowininthe“DigMyDecade”competition. Fromtheuniqueand hilarious PAPE Engineering Heron’s

liveperformanceoftheSuperMarioBroth-ersvideogame,theKreuzSubseaPenguin’sVP-studded50’snumber,tothesexysingleladiesoftheNewcruzSwifts,itwasoneen-tertainingnight.

TheCorporateServicesEaglesprovedwhythey are the king of the birds of prey astheyswoopeddownthechampionshipti-tlewiththeirperfectlysynchronizeddanceinterpretationofthe1980’shitsFootlooseandINeedaHeroamongotherswhiletheSOCCranespouncedoutofnowhereandtook off with the 1st runner up title fortheir uproarious medley of the 70’s hotreleasesby theVillagePeople,Abba, etc.CominginthirdwastheNewcruzShipyardSeagullsfortheiringeniousperformanceofthe 60’s billboard toppers PrettyWoman,MyGirl,etc.

It’s back -to-back win for the iridescentSwiber IndiaPeacocksas theyonceagainshowed their rich colors and culture intheirBollywooddance.TheSwiberBrunei

KingfisherstougheneditupwiththeirKungFuFightingmusicvideo,SwiberIndonesiaHawksshowedustheonethattheywantin their 70’s “Grease” adaptation whileSwiber Middle East Falcons proudly paidhomage to their flag in their FIFAWorldCupsong’svideo. Swiber’s GemsIt’sagrowingcollectionof thecompany’spreciousandelitegroupasthe2010Swib-er’sGemswererecognized:•Sapphire Award for Trust – Alok Gupta,OperationsManagerforSwiberIndiaandStefanJustin,GeneralManagerforSwiberIndonesia

•EmeraldAward forRespect–Donna-belleLlagas,PlanningandControlEngi-neerforSOC•TopazAwardforAffirmation–RoyYap,GeneralManagerforNOM•RubyAwardforDetermination–Max-im D’ Souza, Accountant for SwiberMiddleEast•Diamond Award for Excellence – TanMuiNa,AccountingandFinanceMan-agerforKreuzSubsea•PearlAwardforCauseNoHarm–EdFarmerandTheSwiberConquestCrewandJosephChenandtheSwiberBruneiTeam. Fun, Surprises and WishesWearespoiltforchoicewithallthefunactivities tobehadsuchasthePhotoWall contestwhereSwiberites submit-ted their best group photos to win aprize, caricature corner where every-onegotachancetohavetheirveryowncaricaturedrawn,andthephotoboothwherepeoplecangettheirpicturesin-

stantlyprintedforfree.

Another special part of the programis theProjectMetamorphosis. A fewmonths back, over 100 Swiberites en-rolledinaspecialdietprogramtoloseweight. Out of all participants, threestoodoutbylosingmorekgs.LinaMeg-awati - Asst. Senior Finance Manager,Shen Zhong Hui - Admin/HRManagerforNSEandGohLipHIong-AsstSeniorITManager were treated to amake -over and shopping spree for sheddingweightbyasmuchas16 kgs and suc-cessfullykeepingitoff.

A Starry Christmas for Swiber

Turning back time from the Rock n’ Roll 50’s, the Swinging 60’s, Disco 70’s, Feel Good 80’s, Funky 90’s and the 21st Century, it’s a showdown of the best of the decades in Swiber’s 2010 Christmas celebration.

PAPESuperMarioperformance

Ms.ZhongHui,LipHiongandLinaofProjectMetamorphosis

NewcruzSwifts’sasK-popstars

Prettywomen

HostsDandD,DeepakandDorcas

SylviaRatonel

VernettaLopez

KreuzPenguins

IndependentDirectorsMr.YeoandMr.Chia

CorpServicesEagles’performance

MaleandFemaleStarsoftheNightFhebeandCheeHung

YinPeiandJoey

Ms.ZhongHui

DeepakandLina

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SWYBER pg 11

Throughout the year,we canfindmany reasons to celebrate,varyingbetweenholidays,birthdays,andspecialeventsbuttheend-of-the-yearpartyhasalwaysstoodoutfromtherest.Withallthetastyfoodandbeverages,funandgames,Ialwaysenjoyandlookforwardtothefestivityandcamaraderiethatonlytheyuletideseasoncanbring.

As2010hadbeenaparticularlyproductiveyearforNSE,wehadsomuchmore reasons to celebrate. LastDec.17,2010,NSEhostedadinnerforitsstaffandworkersalongwiththeirfamilymembersandsignificantothers.Wemaintainedtheblastfromthepast themeof the sixtiesdecade inspiredby the recentlyconcludedSwiberDigMyDecade.

EveryoneenjoyedtheBBQbuffetwithitsmouth-wateringaro-mawafting throughout the tentage. Not onlywere the fooddelicious,theupbeatmusichelpedsettheatmosphereformin-glingandhavingagoodtime.EveryonewasinhighspiritsandweweretreatedtoanotherperformancebyourfellowSeagullswhorepresentatedNSEandplaced2ndrunner-up inthe“DigMyDecade”competitionduringSwiber’sChristmasParty.Suchlivelyperformancesandfungamestowardstheendofdinnerdefinitelyprovidedmemorableentertainmenttoall.

In trueNSE tradition, thefirstpartof theprogramwasa rec-ognitionof theoutstandingworkerswho showed remarkablededicationwiththeirperfectattendanceandhardworksettingthemselvesas“model”workersofNSE.TheywereawardedbynoneotherthanourGMMr.StephenChurch,NewcruzCEO,Mr.DarrenYeo,Admin/HRManagerMs.ShenZhongHuiandNSEProductionManager,Mr.AlvinTan.

Forthefirsttimeever,ourLuckyDrawwasexclusiveonlyfortheworkersandallofuscouldn’tbemorehappierforthem.

Manycompanieshavedecided to cutbackon such festivitiesandIcountmyselfveryfortunateindeedthatwestillhavetheopportunitytoexperiencesuchwonderfulevents.PlanningtheYearEndPartyisatrueteameffortandagreatsourceofcol-laboration and creativity. Thanks to ourOrganizing Team, theeveningransmoothlyandwasenjoyedbyall!

Takealookatthephotos!Allinallitwasagreattime!

By:Michelle CatapangNSEDocumentController

Swinging NSE

Year-End Party

Butitwasduringthe“WishuponAStar”partoftheprogram that the true spirit of Christmas and theheart of Swiber were demonstrated as ExecutiveChairmanMr. Raymond Goh called out the fortu-nateSwiberiteswhosewishescametruethatnight.Fortwoweekspriortotheparty,astarshapedboxwasplacedat theDeckand theNewcruzShipyardlobbyforSwiberitestowriteinanddroptheirwish-es,knowingthatMr.Gohwillonlygrantonewish.Toeveryone’samazeddelight,Mr.Gohgrantednotjustone,orfivebutanastounding22wishes!

Apart from this, fabulous raffle draw prizes werealso given away, courtesy of the generous Swiberfriendsandpartners.Itwastrulyanighttoremem-berandbyfarthemostfunandmeaningfulChrist-masinSwiber.

SWYBER pg 16

Ms.ZhongHuiandPearlynwithODandSookYee

CuteEnzo

NSEpartiesarenevercompletewithout

workersdressingupasfemales

HostsPearlynand

Benjamin

NSEworkersenjoyingtheprogram

Alvinawardingmodelworkers

ToviewmorephotosvisitMySwiberintranetMediahubat:http://myswiber/PhotoGallery.aspx

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SWYBER pg 18

Newcuz D and D (Dinner and Drinks!)ColleaguesandspecialguestsgatheredattheTawandangMicrobrewerylocatedalongDempseyHilltoattendtheNewcruzParty.TherestaurantwhichisfamousforitsfreshlybrewedbeerimportedfromGermanywasservedalongwithThaicuisineandgreatenter-tainment,thatguaranteedmuchmerrimentamongstthestaff.

New Year Swiber PJW3000 ThoseonboardtheSwiberPJW3000vesselweredelightedwithasumptuousmeal,rangingfromaricharrayofcakesandothertreats.Thecrewatewithgusto,aseveryonecametogeth-ertousherintheNewYear.

The food, the spirits, the parties....it’s a festive holiday season all over Swiber.

Christmas at Swiber SupporterDonningSantaClausholidayhats,thecrewaboardtheSwiberSupportercouldn’twaittodiginandeatthedeliciousChrist-masfeast.Thechefsreallyoutdidthemselveswiththeirmixoftraditionalanduniquegastronomiccreations!

Christmas at Swiber PJW3000 Noexpensewassparedasthefoodwasingreatabundance,bringingwithitthefeelingofChristmasspiritallaround.

New Year at Swiber SupporterInthiscelebration,thechefsreinedinandwent for the traditional “MediaNoche”feastbutohthesucklingpigsaredefinitelyanall-timefavorite!

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SWYBER pg 20 SWYBER pg 21

SOCLuau

Workhard,playhard!Whynot?TheseSOCCranesspendtheirdaysflyingtoandfrooffshorefieldsensuringefficientexecutionof

projectsandstayingontoptowinmorecontractsthattheirpartyisawelcomeandwell-earnedbreather!

Top:Witharound95%malemembers,it’snowonderwhythesemachomenbravelytappedintotheirfemininesideanddressedupasfemalesallingoodfun.Bottom:Aluauisnevercompletewithoutvibrantcolors,flowerprints,leisandprettyladieswithbeckoningsmiles!

SOCPresidentMr.EdGedeonaddressedthegrouptogetherwithGroupCEOandPresidentMr.FrancisWong

Aftertheprogramnaturallycametheno-holds-barreddancingwhichlastedforhours.

Likedaddieslikekids,theyoungonesrefusedtobeoutdoneand

showedoffsomemoves

On13November2010,theSOCgroupheldtheirfamilydayatSamundarBar,Sentosa.Baskinginthetropicalambience,theirluauthemedpartywaswildlyfunandenjoyedbyall.

Whowouldhavethoughtthataseeminglyart-less“BringMe”gamewouldevoketeamwork

andbringoutthefierceandcompetitivesideoftheEagles?

Everyone enjoyed the sumptuous buf-fetspreadanddeliciousbarbecueatthedeckoftheyacht.

Passing by Swiber PJW3000 anchorednear Sentosa, everyone shouted them-selveshoarseuntilonebyone,theclue-less crew came out and sportingly re-turnedtheexuberantgreeting.

Whenthe EaglesCruiseOn12November2010,theCorporateServicesEaglesgotatasteofthehighlifeastheyenjoyedadinnercruiseatMa-rina.

Withfungamestoplay,somekaraokesinging,foodsaplentyandlotsofphotoopportunities,thepartywasaravewithalittlebitofpitchingandrollingwhichwashardlyfeltbecauseoftheleisurelyspeedoftheyacht.

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SWYBER pg 22

Inhiswords:

My first reaction on being nominatedwas, “This can’t betrue!ODmusthavemadeamistake?”Iwasactivelynomi-nating for our colleagues, aswell as gettingDarren to en-dorsefortheothernominatedcandidates.SoitcameasanevenbiggersurprisetoseeDarrenonthescreen!

Itwasagreathonorformetoreceivethisaward,especiallyamongsttheotherbignameswhomwerenominated.Ifeelveryappreciative thatSwiber isaplace that recognizes itsemployeeshardworkanddedication.

I want to give a big “Thank You,” to all those whom hadnominatedme. Iwould liketoemphasizethatwithoutthesupportfromeachandeveryoneontheteam,therenevercouldhavebeenasuccessstoryAspecialthankstoDarren

In her words:

IfeltmyheartbeatfasterwhenIreadthelistofnominees.I double checked if I readwrongly. Itwas suchablessingfromGodandawonderfulgiftasitwasmybirthday(22Nov)whenIlearnedofit.ItallseemedsurrealandIgotconvincedthatIwasn’tdreamingwhensomecolleaguesstartedcallingtocongratulatemeonbeingnominated. Getting nominated is an accomplishment in itself and Iwouldstillhavebeenhappyandproudeven if Ididn’tgettheaward.Alltheothercandidatesarehighlyqualifiedandwellknown.IevenpickedoutthenamesofwhomIthoughtwouldgettheaward.Swiber’sGemsisoneofthemostprestigiousawardthatthecompanyoffersand it’s agreatprivilege tobeamong thiselitegroup.Ican’thelpbuttocrytearsofjoyandIknow

evenmyclosecolleaguescriedwhenmynamegotcalled.Itwasaveryheartwarmingandunforgettablemoment.Thisawardservesasachallengeformetostriveharder,tobemoreresponsible,ma-ture,dedicatedandtolivebythespiritofaSwiberGemjustastheawardentails. Wordsarenotenoughtoexpresshowgrateful Iam.Thankyouforbelievinginmeandforgivingmetheopportu-nitytogrowprofessionally. Swiber’s Gems ismore than a recognition of the contributions,hardworkandexemplaryperformance.Itwillserveasaninspi-rationandmotivationforallthestafftoaccomplishtasksandre-sponsibilitiesinthehighestprofessionalstandard.

“Forthelast5years,Alokhasconsistentlyshowedththecanperform,hecanbetrusted,notonlyheislookingafterourmajormarineoperationsinIndia,lookingafterourJV,SwiwarvesselsbutheisthemantolookafterallSwiberinterestinIndia”-DarrenYeoCEONewcruz

“AsanOperationsManager,AloklivesbytheSwiberGoldStandards,heiscostconsciousandhasaneyefordetail.”-KGRemeshVPIndia

forhavingbelievedinme,andprovidingtheteamandIthesup-portwheneverweneededitthemost.

Ihadreadthissayingfromsomewherebefore,andthoughtthatitspeakstrueaboutbeingaSwiberGem.“Eachandeveryoneofusismadeuniquelydifferentandwearetoapplyourgiftstotheareamostsuited.Aleader’sjobistocreateanenvironmentsothatsuchagiftcanflower.”Afterhavingreadthat,I’vebeenincorporat-ingitintomyworklifeeversince.

Sapphire Awardfor Trust

Sapphire Awardfor Trust

“StefanhasagoodreputationinmarketingandofferingourservicestotheoilcompaniesinIndonesia.In2010webidforsevenprojectsandhesubmittedourbiddocumentsseveraltimesjusttoensurethatwewillnotbedisqualified.Iexpectthathewillbeaninspira-tiontotherestofthestaffinIndonesia.”-Capt.HendrikPurnomoVPIndonesia

Topaz Awardfor Affirmation

Emerald Awardfor Respect

Alok GuptaOperationsManager,SwiberIndia

Stefan JustinGeneralManager,SwiberIndonesia

Roy YapGeneralManager,Newcruz

Donnabelle Llagas - MaganaPlanningandControlEngineer

Thirty two Swiberites were nominated for this prestigious award, all of them outstanding in their field of work, all of them big

names in Swiber. This year’s batch of “gems” is ostensibly

copious compared to last year’s. Some hail from as far as the Middle East and India, all belonging to different business units,

but their exemplary embodiment of Swiber’s TRADE values and CNH philosophy brought them

together. In this special feature, some of them share about what they felt upon receiving the award and what the

recognition means to them.

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SWYBER pg 25

Inhiswords: IhavebeenemployedwithSwibersinceOctober2009.Fromthefirstdayofmyemployment, IhaveconsideredthestaffandSwiberasbeingpartofmyextendedfamily.Itrytokeepinmindthecompany’svaluesandgoals,andthispositiveat-titudehasalwayshelpedmeworkdiligentlyandproductivelyforSwiber.

WhenIheardthatIwasoneofthe32nominees,Iwasover-whelmedwith joyandwassoexuberantthatmyhardworkhadbeenrecognized.MydecisionsarealwayswellsupportedbyMr.Ed.Gedeon&Mr.Taj;theirconstantnurturingandfeed-

backhasbeenanexcellentsourceoflearningforme,andthiscontinuouslyencouragesmetoheightenmyperformance.MycolleaguesarealsosupportiveofmydecisionsandunderstandthatIstrivetodeliverthebest.Thisawardwillactasaconstantreminderthathardworkalwayspaysoff!

I thankall thosewhonominatedme; Iamreallyprivilegedtoworkwithallofyou.TohavebeenchosenasaSwiberGemisadistinguishedhonour–Tobeacknowledgednotonlywithinmyregionofworkbutalsowithinmycompanyisverymeaningfultome.ThankyouverymuchandIhopetowinagainandagain!

Inhiswords:

Beingnominatedmademeverypleased,especiallybecausemysupervisorssawmycapabili-tiesandwantedmetobeacandidatefortheSwiberGemsAward.

Tobeselectedmademefeelverygratefulandhonoredatthesametime.

IwouldliketothankthemallfortheircooperationandguidancethatIhavereceivedwhileIhavebeenworkingwithSwiber.It’swhathasmadeitpossibleformetoreceivedaSwiberGemAward.BeingselectedasaSwiberGem,isnotsomethingthatIachievedonmyown,itisduetothepartnershipsandwholeheartednessIreceiveeverydayfrommyfellowSwi-berites.

ReceivingtheawardhasmostdefinitelymademefeelmoreofapartofSwiber,andfuelsmetostriveevenmoreinthefuture.

Ruby Awardfor Determination

Maxim D’ SouzaOfficeAdminManager,SwiberMiddleEast

Tan Muti NaAccountingandFinanceManager

Diamond Awardfor Excellence

Pearl Awardfor Cause No Harm

Swiber ConquestEdgar FarmerBargeSuperintendent

Pearl Awardfor Cause No Harm

“TeamBruneihasbeencontinuouslyexcellingeveryyearandthishasbeenthebestsofar. Everyonehastolearnfromthem,withthewaytheysetupandimproveanddoevenbetterthanthepreviousyearandthewayBruneiShellhasappreciatedtheirperformance.IthinkTeamBrunei isoneofthebestgroupnotonly inSwiberbut intheoffshoreindustryaswell.”-NitishGuptaCEO,SOCS

“Bruneijustgotawardedfor3MillionmanhoursfreeofTRCandthatisa tremendousachievementand it showed the team’scommitment tosafety.WithouttheleadershipofJosephChen,honestly,Idon’tknowwhatwewilldoinBrunei.Congratulationsandkeepitup“-FrancisWongGroupCEOandGroupPresident

Swiber BruneiJoseph ChenVice President

Inhiswords:

Iwassoshockedandsurprised,becauseIneverthinkIwouldbenominatedforsuchaward.Whenmycolleaguestoldmethat I was nominated for the Swiber Gems, I thought theywerejustjokingwithme.

Well,allthenomineesdeservetheaward,everyoneofusareworkinghardtoachieveSwiberandKreuz’sGoalsandObjec-tive. I always toldmyself,onceyouarenominated, youarealreadythewinner,regardlessyouarethefinalwinnerornot.We are blessed and should be thankful to the personwhonominatedus.

MohdBayzuie,ProjectDirecotracceptingtheawardforSwiberBrunei

Iwould like to sayaBIG thankyou to thosewhonominatedmeandrecognisedme.Ireallyappreciatetheirkindness.Youmakeme feel that “I amSOMEBODY,notNOBODY inSwiberandKreuzBigFamily”

I feelveryproudandhonoured tobeselectedas theSwiberGem,anditistrulyoneofthemostunforgettableandmemora-bleeventinmylife.Iwillcontinuetostriveforthebestandup-holdSwiber’sandKreuz’sphilosophyandvaluesinthefuture.

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Scientisthaveidentifiedthattheuniverseinwhichwelive,origi-nated out of nothing and exploded through “The BIG BANG”some13.7billionyearsago,intowhatweexperiencetoday,Soitwouldbegoodtothinkaboutthis:whatsortofintelligencebroughtthisabout;whatsortofpowerwouldithavetaken;howmuchlovewouldhavebeengeneratedtoproducesuchanamaz-ingphenomenaastheUniversewelivein?Nowthereissome-thinginterestingtocontemplate!!

SomecallthisSource,Consciousness,whichgaverisetoallthatexists.TherearemanynamesbywhichthisSourcegoesby,butfor thepurposeof thisexercise,wewillcall itConsciousness–thatwhichisaware.Ithasnogender,notime,nospaceorposi-tion,butiseverywhereandinallplacesatonce.

Nowif thisconsciousnessexistseverywhere, ineverythingandeveryoneandatalltimes,itmustexistinyouandme!!Nothingcanbeexemptfromit,ifitexistseverywhere,itcannotbesome-thingoutsideofus.

ThisConsciousnessexistsbeyondtimeandspace,whichisveryhardforthehumanmindtograsp,aswehavebeenconditionedtoaworldofduality,hotandcold,goodandbad,dayandnight,manandwoman,etc.InorderforConsciousness,(anothernameforitisOneness),toexperienceitself,ithastohaveduality(Two-ness) and it is through this duality, that Consciousness experi-encesitselfandgrows.

We have talked a lot about emotionalintelligence and how everything we doshould come from theheart and that inturn,will leadustotheEmotionalExcel-lenceweseekwithinourcompany.

Whenweapplythesixheartvirtuesofap-preciation, compassion, understanding,forgiveness, humility and valour to ourwork and life situations,webring aboutmore peace, harmony and productivitywithinourranks.

Ihavealwayssaidthatworkshouldbefun;afterall,wespendagoodportionofourtimeatwork,so itstandstoreasonthatifitisenjoyableitwillbemorerewardingandinteresting.Theoppositeisalsotrue,thatifwereallydon’tliketheworkwearedoing, the people we work with or the

Aswebecomemoreawarethroughourlife’sexperiences,we become aware of this Consciousness within us, qui-etlygrowingandexpanding.Inessencewearebecomingawareofourownawareness.

Themorewecontemplatethis,themorewefocussomeattentionon this Consciousness; themore it grows. It istheintentionandwillofConsciousnesstoexpressitselfintheworld,throughus,througheverythingwedo,througheverythingwethinkandthrougheverythingwesay.Ineffect,webecomeaconduitthroughwhichConscious-nesscanflowandimprintitselfontheworld.

Anditallstartswithus.Wehavetobecomeawareofourtruenature,inorderforthisConsciousnesstoexpressit-selfthroughus.Wehavetomovebeyondthesmallnessofourlimitedperspectiveandseeourselvesnotasseparate,superioror fearfulbeings,butpartof thewholefieldofConsciousness.

Whenweconnectwithourexpansiveness,ourgreatness,our compassion and our unconditional love, we are inalignmentwithConsciousnessanditcanflowthroughusandmakeadifferenceintheworldwelive.

Areyoumakingadifference?

Rick AdvisortotheBOD

ExpandingConsciousness

We have to become aware of our true nature, in order for this Consciousness

to express itself through us. We have to move beyond the smallness of our lim-

ited perspective and see ourselves not as separate, superior or fearful beings, but

part of the whole field of Consciousness.

Didyouknowthatsciencehasnowveri-fiedthatwecreateourownreality,some-thingthesagesofoldhavebeentellingusforages.

Whatwethink,createstheworldweex-perience, so it makes sense to choosethose thoughts that are life enhancing,rather than the ones that pull us downandmakeusfeeldepressed!

It should be clarified here that random,one-off, thoughts have little impact onourlives,butthoseconsistentandrepeti-tivethoughts,eitherpositiveornegative,willmanifestasrealissuesinourlives.

Solookaroundyou–doyoulikeyourself?Doyoulikethelifeyouareleading?Isyourlifefilledwiththepeopleorthingsthatyouwant,orisitfilledwiththeexactopposite?

Onlyyoucantell,butIcantellyouthis–yourouterworldisareflectionofyourin-nerworldandifyoudon’tgowithin,yougowithout!

company’s philosophy, then our days aregoingtobedownrightmiserable.

So the application of mastering our ownemotions and being able to respond ap-propriatelytoother’semotionswillgreatlyreduceconflictandraiseenjoyment!

Ourrelationshipwitheachotherwillalsobecomestrongerandasaresult,wewillbeabletoachievemore.

If you look at where this company has come in such a few short years, you will readily see that none of our successes could

have been possible, without the strong bond of healthy relation-

ships permeating our ranks.

Soyousee, there isbenefit indevelopinganemotionallyexcellentcompanyforeve-ryone and together, as this amazing yeardrawstoaclose,wecanforgeaheadinto2011andbeyond.

IfyouhavealreadyreceivedthetraininginProfYong’sEmotionalExcellence,thenper-hapsatthisjuncture,itwouldbeanidealtime to revisit the process and brush uponyourtechnique,readytocatapultyourcompanytothenextplateauofexcellence?

Tallyhofromtheheart!

Rick

LetusexplorehowthisrelatestoCauseNoHarm,particularlytoourselves:

• Are you causing harm to yourself, withnegative thoughts, low self-esteem, pun-ishing yourself with blame, shame or re-gret?• Are you feeding your addictions,knowingfullwell theyarenothealthyforyou?• Are you making choices that arenotenricheningyourlife,butsappingyourenergyandconsumingyourtime?• Are you dwelling on past upsetsandsuffering?• Are you constantly wishing thepastweredifferent,knowingthatitcannotbechangedandyoushould justmoveon?• Are you not looking after yourhealth,hygieneandgeneralwellbeing?

Thesearea fewexamplesofhowwecansabotageour liveswithnegativethinking,which will sure enough; show up in ourday-to-dayliving.

ByCauseNoHarmtoourselves,wemean,cultivating a positive attitude, thinkingpositivelyaboutourselvesandbodies,anddoingthingsthatwillaidoursurvivalandenhanceourlife.

When we Cause No Harm to ourselves,ourlifebecomesareflectionofthecaring,compassion and understanding we haveforourselvesandthatbecomesasteppingstonetohelpingothers–butthatisanoth-ertopictobediscussedlater.

“Be the change you wish to see in theworld”–sosaidMahatmaGandhi.Areyouuptobeingthatchange?

Rick

Seeking Emotional Excellence

Cause No Harmthrough Positive Thinking

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Swiber Teams always soar!

SWYBER pg 28

Vallianz AlbatrossAlbatrosseshaveoneofthewidestandlongest wing spans out of all the birdspecies, and it’s their feathered toolsthat help them make it through theroughwindsoutontheocean.Bravingtherockyseasthealbatrossnevergivesup no matter what the circumstance.Rarely taking the time to rest on landthe albatross’ goal is to accomplish itstaskasquicklyaspossible.ThemembersofVallianzexhibitthesamevaliantandefficient behavior like the great Alba-tross.

PAPE Engineering HeronsTheheronusuallyanon-swimmingbirdisstillabletoflourisheveninwaterbankedareasduetoitsspecialhuntingtechnique.Bycalculatingandobservingthepositionsofitsprey,theheronhasanextraordinarytalent of precision. Such calculation andprecision is valued within fields such asnavalarchitectureandengineering,whichiswhySwiber’sPAPEHeronsexpertiseinthosesubjectsmakesthemperfectforthejob.

Kreuz PenguinsPenguinsmayseemtobeanunusualen-tityamong thebird familydue to its in-ability to fly on air, instead they “soar”intheoceandepths.Penguinsareaston-ishinglyagile.Theirswimminglooksverysimilar to other birds’ flight in the air.Spending their time part on water andpart on land, and having such a versa-tileandcan-donaturebestdescribestheKreuzPenguins.

Swiber Middle East FalconsBeingthenationalbirdoftheUAE,thefal-con is an important part of their historyandculture.Thisbirdofpreymayhaveafierce looking demeanor however falconsareknown for their fastaerialadeptness,which is why its species is so successfulat capturing theirprey inonestroke.TheSwiberMiddle East falcons apply this fo-cusedmentalitytowardsproducingqualityproductionforthecompany.

Swiber India PeacocksAs the national bird of India, the Pea-cock bird conveys royalty, beauty andelegance.Theypossessoneofthemostunique,colorfulandrichplumageinex-istence,makingitanaturalstand-outinthe crowd. In the sameway, it is hardnottonoticetheSwiberIndiaPeacocks’proud and magnificent presence andimpactinSwiber,withtheirvibrantandexuberantnaturetranslatingintoexcel-lenceineverythingthattheydo.

Swiber Indonesia HawksStrong and powerful birds, Hawks are aforce tobe reckonedwith.Withanacutesenseofsight,theycanpinpointtheirpreyandflyatrecordbreakingspeedscatchingtheirfoodinonefullswoop.TheSwiberIn-donesiaHawksworkwiththesameincon-testableefficiencyincompletingtheirmis-sion,whichmakethemsuchaninvaluableassettotheSwiberorganization.

Swiber Brunei KingfishersDon’t letthediminutivesizeoftheKing-fisherfoolyou.Withtheirdagger-shapedbills, they make quite exceptional fish-ers. They use their quick instincts andequipped with an impeccable sense ofaim, kingfishers usually nevermiss theirtarget.SwiberBruneiexhibitsmanychar-acteristicsasthatoftheKingfisher;exer-cising the same innate intuitiveness thatallows themtoalwaysbeon targetwiththeirworkperformance.

NSE SeagullsThere isareasonwhyseagullsarewellin number because their resourceful-ness in searching for food has evolvedandchanged.Seagullshavefoundwaystosurviveevenwhenthey’renot livingin theirnaturalhabitats.This talent forexploring newer innovations and alter-native options despite daunting envi-ronmentsdisplaystheNSESeagullsasadexterousbunch

Newcruz SwiftsDespite their smaller size, this migra-tory bird is capable of covering terrainthrough the windy north, vast desert,andacrosstheoceans.Travelingswiftlyandsurelythroughthesameincredibledistances,theNewcruzOffshoreMarinefleetholdstruetotheSwifts’namewiththeireverexpandingglobalpresence

Swiber Corporate EaglesThroughouthistorytheeaglehasalwaysbeenasymbolofrespectandstrength.Thewingsofaneaglearebuilttobelongandbroad,whichenables them tonotjust‘fly’butsoarthroughtheair.Whilethey do this they scope their territoryforsightoffood.SwiberCorporate,figu-ratively ‘soars’ as they oversee all theinner and outer workings of the com-pany.TheyepitomizeSwiber’svisiontopushforwardandinspirestherestoftheSwiberfamilytoscalenewheights.

The 2010 Swiber Christmas celebration was filled to brimming with new and exciting activities, recognitions and announcements. One of them was the launch of the new Swiber teams. As the number of associate companies grows, the previously 6 Swiber teams are now 11 and still counting. The teams

Swiber Teams always soar!

were named after birds because they are one of God’s most inspiring creations and their unique traits and features aptly matched the make-up of each Swiber team..

SOC CranesCranes’ long necks make them one ofthetallestspeciesofbird,givingthemavery distinct appearance. Unlike otherbirdswhotendto livemostlywith theirflock,cranesaremoresolitary innaturewhich induces them to be much morehardworking in gathering food. Examin-ing every possibility, the SOC group areakin to the crane because they employthecrane’sdiligenceintotheirworketh-ic,which has becomea formula for thesuccessoftheirteam

The Swiber Teamsby Devonne Edora

Tovieweachteam’svideosvisitMySwiberintranetat:http://myswiber/Swiber_Teams.aspx

Page 16: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

Husband:RexDateofWedding:18December2010

It 's Great to be..

Donnabelle Llagas MaganaPlanning and Control Engineer

Jiang Feng YiDateofBirth:14December2010

SWYBER pg 31

NEW SWIBERITES

Lu JuanPersonal Assistant - SOC

EdmundLimTeckHwangFinanceManager

LimNgee,JoyceManager,CommercialSupportNewcruzInternationalPteLtd

LimGimLai,AlbertDirector

OffshoreEngineeringResources

LeeYeowChuanBusinessDevelopmentEngineer

EquatorialInternational

RobertCatalinPilaEngineeringManager

PAPEEngineering

MohdHairiBinAbdulHamidJuniorNavalArchitect

SwiberOffshoreMarine

ChuahMeiYuenAccountsAssistant,Accounting

LeeWoonYoongPart-TimeCaféHelper

TanSiewWah(Irene)PayrollExecutive

EngWeiTingAccountsAssistant

NewcruzOffshoreMarine

SitiSuhailaBinteSulimanTechnicalAdminAssistant

HanCheeJuanProjectManager,Project

ZapantaRizaBerameAdministrativeAssistant

KohChongEng,VincentSeniorTechnicalManager

Sta.MariaMarilynRiveraPersonalAssistant

JhoanChingCalalanReceptionist,Admin

KreuzSubsea

ShemrlyWijayaAdministrativeAssistant

GohAiLi,AliceAccountAssistant

RohitGuptaPipelineEngineer

SwiberOffshoreConstruction

KedarLagvankarGeneral Manager(ProjectOffshoreOperations

HoriyalaMadaiahPrabhakarSeniorInterfaceManager

OngChongHanProposal&EstimationEngineer

ArifAffandiStructuralDraftsman

TanCheeSengProposalCoordinator

EloisaLolosIgnacioQAAssistant

ChiaWeeLengAssistantAssetsExecutive

NewcruzInternational

VallianzHoldings

VyanDateofBirth:16November2010

Siddhesh PrabhuSenior Proposal Coordinator

Page 17: Nov - Dec 2010 Issue SWYBER · Nov - Dec 2010 Issue The Official Swiber Newsmagazine Swiber PJW 3000 Nick Vujicic Swiber Walk The Talk MOGE Domestic Gas Pipeline Project Aziz Launch

SHOTS OF THE MONTHWelovethesephotossomuchthatforthisissueits...

DoTiLaSo...ITheirarchy SavvyAdrienneflankedbytheNSE’s“TheTemptations” Swiber’sversionofMadonnaandAxlRose

www.swiber.com

Fawningoveraprettywoman Proudandtrue!OurIndonesiancolleaguessupportingtheSwiberHawks

Newcruzwonderbeauties TrueMetamorphosis

SendEngelbacktothe70’splease

SendChrisbacktothe50’stoo