Due to dwindling contracts.
Swiber sustained a $6.4m (US$4.6) loss in the second quarter on back of fewer contract wins.
The group's results were also impacted by the absence of foreign exchange, fair value, and disposal of associate gains.
For the first six months of the year, group net loss totalled $4.6m (US$3.1m) from a profit of $88.2 (US$63m) in the same period last year.
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