Singapore: Dyna-Mac Holdings has secured new fabrication orders for a provisional sum of $117m. The orders come from Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) and OneSubsea Malaysia Systems.
The order from DSME is for the fabrication of 14 units of pre-assembled modules for the island surface facilities on the artificial islands located in the Arabian Gulf. The preassembled modules are scheduled for delivery in the third quarter of 2016.
OneSubsea, meanwhile, is a new company created by two subsea leaders, Cameron and Schlumberger, to manufacture and develop products, systems and services for the subsea oil and gas market. The order from OneSubsea is for the fabrication of subsea piping and its supporting structures which form part of a subsea system for one of OneSubsea's projects. The order is scheduled for completion by the end of this year. [04/11/13]