{"id":21140,"date":"2020-11-11T03:34:53","date_gmt":"2020-11-11T00:34:53","guid":{"rendered":"https:\/\/www.al-sindbad.net\/dyna-mac-lands-fpso-work-but-loses-offshore-vessel-deal\/21140\/"},"modified":"2020-11-11T03:34:53","modified_gmt":"2020-11-11T00:34:53","slug":"dyna-mac-lands-fpso-work-but-loses-offshore-vessel-deal","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/dyna-mac-lands-fpso-work-but-loses-offshore-vessel-deal\/21140\/","title":{"rendered":"Dyna-Mac lands FPSO work but loses offshore vessel deal"},"content":{"rendered":"<p><\/p>\n<p><strong>Singapore&#8217;s offshore engineering and construction provider Dyna-Mac has won new contract awards related to fabrication of FPSO parts but it has also lost a contract related to fabrication of hull sections for an offshore vessel.<\/strong><\/p>\n<p>Dyna-Mac said on Monday it has secured fabrication projects from both new and repeat customers for a total provisional sum of S$157.5 million ($117.3 million). <\/p>\n<p>These contracts are for the fabrication of pipe spools and construction of topside modules for floating production storage and offloading (FPSO) vessels. <\/p>\n<p>These projects will start from 4Q 2020 and are expected to be completed by 2Q 2022.<\/p>\n<p>On the other hand, the company has also received notice of cancellation of a contract.<\/p>\n<p>The cancellation from an existing customer is valued at S$6.3 million ($4.7 million) against an <a rel=\"noreferrer noopener\" aria-label=\"awarded project announced in April 2020 (opens in a new tab)\" href=\"https:\/\/www.offshore-energy.biz\/dyna-mac-hired-to-build-two-upper-hull-sections-for-offshore-vessel\/\" target=\"_blank\">awarded project announced in April 2020<\/a> for the fabrication of an offshore vessel\u2019s upper hull sections. <\/p>\n<div class=\"section\">\n<div class=\"block block-related-article\">\n<div class=\"card-rich \">\n\t<a href=\"https:\/\/www.offshore-energy.biz\/dyna-mac-hired-to-build-two-upper-hull-sections-for-offshore-vessel\/\" class=\"card__lazyload card-rich__image\" style=\"background-image: url('https:\/\/cdn.offshorewind.biz\/file\/sites\/6\/2020\/04\/15091159\/dyna-mac.jpg')\"><\/p>\n<div class=\"card-rich__element card-rich__time-ago\">\n\t\t\t\t<span class=\"screen-reader-text\">Posted:<\/span> 6 months ago\n\t\t\t<\/div>\n<p>\t\t\t<\/a><\/p>\n<div class=\"card-rich__content\">\n<div class=\"card-rich__partner-label\">\n\t\t\t\t\t<\/div>\n<h3 class=\"card-rich__title\">\n\t\t\t<a href=\"https:\/\/www.offshore-energy.biz\/dyna-mac-hired-to-build-two-upper-hull-sections-for-offshore-vessel\/\" class=\"card-rich__link\" aria-label=\"Read more about: Dyna-Mac hired to build two upper hull sections for offshore vessel\"><br \/>\n\t\t\t\tDyna-Mac hired to build two upper hull sections for offshore vessel<br \/>\n\t\t\t<\/a><br \/>\n\t\t<\/h3>\n<div class=\"card-rich__element card-rich__meta\">\n\t\t\t\t\t<span class=\"screen-reader-text\">Categories:<\/span><\/p>\n<ul class=\"card-category-list no-list\">\n<li class=\"card-category-list__item\">Vessels<\/li>\n<\/ul><\/div>\n<div class=\"card__element card-rich__time-ago\">\n\t\t\t<span class=\"screen-reader-text\">Posted:<\/span> 6 months ago\n\t\t<\/div>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p>Under the terms of the contract, Dyna-Mac\u2019s scope of work included structural fabrication and erection, piping fabrication and installation, electrical and instrumentation, mechanical installation, and painting works.<\/p>\n<p>The project was supposed to be completed by the first quarter of 2021 in Dyna-Mac&#8217;s Main Yard in Singapore.<\/p>\n<p>Dyna-Mac noted that discussions are presently ongoing with the customer on contract resolution and settlement.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.offshore-energy.biz\/dyna-mac-lands-fpso-work-but-loses-offshore-vessel-deal\/\">Dyna-Mac lands FPSO work but loses offshore vessel deal<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.offshore-energy.biz\">Offshore Energy<\/a>.<\/p>\n<p>world maritime news<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore&#8217;s offshore engineering and construction provider Dyna-Mac has won new contract awards related to fabrication of FPSO parts but it has also lost a contract related to fabrication of hull sections for an offshore vessel. Dyna-Mac said on Monday it has secured fabrication projects from both new and repeat customers for a total provisional sum &hellip;<\/p>\n","protected":false},"author":1,"featured_media":21141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[1202,13212,172,6771,2851,1131,549,1351],"class_list":["post-21140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-deal","tag-dynamac","tag-fpso","tag-lands","tag-loses","tag-offshore","tag-vessel","tag-work"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/21140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=21140"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/21140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/21141"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=21140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=21140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=21140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}