SGX Mainboard-listed Dyna-Mac Holdings Ltd, a multi-disciplinary specialist provider of detailed engineering, procurement and construction services (EPC) to the offshore oil and gas, marine construction and other industries, has secured orders worth a provisional sum of USD 115 million. The Group has signed Letters of Intent (LOIs) with leading operators of floating production, storage and offloading vessels (FPSOs), including Modec, Bumi Armada Berhad and SBM Offshore, for the fabrication of nine topside modules, nine piperacks and one turret. These offshore structures are for FPSO OSX 3, FPSO D1 and FPSO Quad 204 and the projects are expected to be completed progressively by the end of 2013.
