Singapore-based fabricator Dyna-Mac has clinched several contracts from repeat customers worth a total of S$88m ($64.5m).
The main contract involves the construction of topside modules for a floating production storage and offloading (FPSO) vessel. The work will start in the first quarter of 2024 and utilise new yard space recently secured from Kim Heng.
Completion of the project is scheduled for the third quarter of 2025 when the modules will be shipped to China for integration with the vessel.
The other contracts include the provision of services to execute fabrication, installation and
integration work on vessels.
The latest order lifts the company’s net orderbook to S$630.7m, with project delivery stretching into 2025.
