DYNA MAC: Leader in FPSO and future of green hydrogen and renewable energy

More
04 Apr 2021 13:14 #25675 by Sharpshooter
ExxonMobil could install as many as 10 floating production, storage and offloading vessels, or FPSOs, at the Stabroek block off the coast of Guyana, the company's manager for deepwater projects


We expect to have five FPSOs in operation in Guyana by 2026 and see the potential for a total of seven to 10 FPSOs," ExxonMobil's Jayme Meier told the Rio Oil & Gas 2020 digital conference.

Please Log in or Create an account to join the conversation.

More
05 Apr 2021 08:55 #25676 by Sharpshooter
Santos has awarded a $4.6bn contract to BW Offshore to supply the floating production, storage, and offloading (FPSO) vessel for the $3.6bn Barossa offshore gas and condensate project in Australia

BW Offshore plans to build the FPSO in South Korea and Singapore. The processed natural gas from the FPSO will be exported to the Darwin LNG plant via the Darwin pipeline system.

Please Log in or Create an account to join the conversation.

More
27 May 2021 14:52 - 27 May 2021 14:53 #25755 by Sharpshooter
Dyna-Mac Holdings has secured a fabrication project from BW Offshore group for a total estimated contract value of $197 million on May 24.  

BW Offshore group is a repeat customer of the group.  The contract, which was signed by a wholly-owned subsidiary of the BW Offshore group, is for the supply, fabrication and construction of Topside Modules for the Barossa Floating Production Storage Offloading (FPSO) vessel.


The win brings Dyna-Mac’s order book to $368 million to-date, with deliveries up to 2023.
Last edit: 27 May 2021 14:53 by Sharpshooter.

Please Log in or Create an account to join the conversation.

More
27 May 2021 20:17 #25756 by Sharpshooter
Look out for privatisations in small-cap space, says CGS-CIMB



Dyna-Mac Holdings, which fabricates topside modules for the oil and gas industry, has also attracted the analysts' interest with its rising order book of S$227 million as at November last year.



The company also announced that it would reposition its business to pursue opportunities in the global green hydrogen market, which is adjacent to its core capabilities.

"In conjunction with this, (Dyna-Mac) is currently evaluating the need to expand its yard facilities to fulfil potential demand by increasing its production capacity, maximising operational synergies and to undertake new green hydrogen projects," said the analysts, adding that the counter trades at historical P/BV of 3.2 times

Please Log in or Create an account to join the conversation.

More
31 May 2021 15:37 #25757 by Sharpshooter
KIM HENG OFFSHORE IN PLAY NOW

DESPITE A HEFTY HALF YEAR LOSS REPORTED ...



DYNA MAC WITH TEMASEK HOLDINGS / KEPPEL CORP BACKING.. IS IN A BETTER SHAPE AND BETTER ORDERBOOK

IT SHOULD SHOOT UP SOON

Please Log in or Create an account to join the conversation.

More
03 Jun 2021 09:09 #25758 by Sharpshooter
CRUDE OIL SURGES TO MORE THAN 2 YEAR HIGH

WTI CRUDE HIT USD 69

BRENT CRUDE HIT USD 71.50

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings4.150-0.030
Avarga0.2900.005
Avi-Tech Electronics0.395-
BH Global0.260-
China Sunsine0.495-
Food Empire0.7750.015
Fortress Minerals0.355-
Golden Energy0.300-0.005
GSS Energy0.072-0.001
InnoTek0.820-0.005
ISDN Holdings0.650-0.010
ISOTeam0.119-
IX Biopharma0.235-
KSH Holdings0.350-
Leader Env0.078-
Medtecs Intl0.420-0.015
Moya Asia0.065-
Nordic Group0.350-
Oxley Holdings0.2050.005
Procurri0.305-
REX International0.195-
Riverstone0.9350.020
Roxy-Pacific0.470-
Southern Alliance Mining0.935-0.010
Sri Trang Agro1.350-
Straco Corp.0.475-
Sunpower Group0.610-0.010
The Trendlines0.099-
UG Healthcare0.365-
Uni-Asia Group1.0400.010
Wilmar Intl4.070-0.030
Yangzijiang Shipbldg1.400-0.030
Yinda Infocomm0.2200.005

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 815 guests and one member online

  • Lionel Lim