Swift Energy Technology Bhd has secured RM44.18 million in fresh contracts, lifting its total year-to-date (YTD) wins to RM148 million, driven by continued offshore energy expansion and growing data centre demand.
The latest awards span an overseas offshore project with Offshore Oil Engineering Co Ltd China and repeat domestic orders from Cummins Sales and Service Sdn Bhd, reinforcing both international traction and steady recurring business.
A major win includes the supply of 18 explosion-proof solar power systems for PTTEP Thailand’s Bundle Phase 4 project, marking its second consecutive bundled award for the client.
The group also secured 34 sets of neutral earthing resistors for a local data centre, highlighting diversification into digital infrastructure.
Management said the contracts strengthen earnings visibility through 2028 and reflect sustained customer confidence in its technical capabilities.
