Singapore-based fabricator Dyna-Mac Holdings has added to its series of new orders with a S$180 million ($130m) contract for floating production, storage and offloading (FPSO) vessel topside modules.
The work, awarded by a longtime repeat customer, is scheduled to start in the fourth quarter of 2022, with completion scheduled for the first quarter of 2024.
In April, Dyna-Mac landed contracts worth around $66m for additional work scope to be performed on an ongoing FPSO topside module fabrication project currently under construction in the shipyard and for the repair, refurbishment, and reactivation of a mobile offshore tender-assisted drilling rig.
Including the new order win, the net orderbook to date stands at a record high of $463.4m with deliveries stretching into 2024.
