The oil and gas crisis is suffocating Singapore firms
Rig company Swissco has succumbed to the crisis in the oil and gas sectors, making it the second major Singapore-based company within oil and gas which in recent months has had to give up on reaching agreement with creditors.

BY TENNA SHOER
SINGAPORE
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Rickmers distances itself from Singapore company
For subscribers
Experts agree: Worst crisis in 30 years
For subscribers
Final decision on Hanjin's fate postponed to next year
For subscribers