Dyna-Mac awarded contract for FPSO works in China

China
Dyna-Mac Holdings has signed a contract to build FPSO topside modules for China Merchants Heavy Industry, the Singaporean fabricator said on Tuesday.

The USD 85-million contract will be executed by Dyna-Mac’s Chinese subsidiary.

“Beyond the partnership on FPSO topside modules, the Group is also working closely with CMHI to pursue LNG and green energy modules projects,” said Lim Ah Cheng, CEO and executive director of Dyna-Mac Holdings.

The company’s order book stood at USD 327 million on Tuesday with deliveries until 2023.

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