Dyna-Mac Holdings has won new orders worth $88 million, bringing its total orderbook to $630.7 million.
According to the company on Oct 2, it won several contracts from repeat customers including to build topside modules to be used in an oil rig.
Construction will commence in 1Q 2024, using new yard space recently secured.
Completion of the project is scheduled for 3Q 2025 and thereafter, the modules will be shipped to China for integration with the vessel.
The other contracts include the provision of services to execute fabrication, installation and integration work on vessels.
"The group remains encouraged by the strong level of inquiries received from both existing and new customers," says Dyna-Mac.
See also: Kingsmen renews F1 contracts for $53.2 million
Dyna-Mac shares closed at 40 cents, down 1.23%.
