Singapore-based fabricator Dyna-Mac Holdings has continued its strong run of new orders with a S$180 million (US$130 million) contract for floating production, storage and offloading vessel topsides modules.

The contract was awarded by a longtime repeat customer for the construction of topsides modules with work to begin in the fourth quarter this year and completion scheduled for the first quarter of 2024.

Dyna-Mac chief executive Lim Ah Cheng said: “We are honoured that our longtime repeat customer has chosen to partner us for the construction of the FPSO topside modules.

“This is testimony of our ability to execute and deliver our projects on time, on budget and in stringent compliance with safety, security, health and environment standards.”

Including the new order win, the company's net order book to date stands at a record high of S$641.1 million with deliveries stretching into 2024.