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floating production storage and offloading (FPSO)

Contracts

Keppel O&M secures $300 mil worth of marine contracts through subsidiaries

SINGAPORE (Dec 26): Keppel Offshore & Marine (Keppel O&M) has secured contracts worth a combined value of $300 million via its wholly-owned subsidiaries, Keppel Singmarine and Keppel Shipyard.

Broker's Calls

FPSO pipeline for Dyna-Mac looks encouraging but competition is heating up

SINGAPORE (Aug 31): Dyna-Mac Holdings, the engineering, procurement, and construction services provider to the marine construction and offshore oil & gas industries, reversed out of the red in 1H18 with earnings of $1.21 million, compared to a loss of $22

Broker's Calls

This small-cap O&M play is finally ready to ride an industry upcycle

SINGAPORE (Mar 22): CIMB Research is initiating coverage on Dyna-Mac Holdings (DMHL) at “add” with an 18-cent price target, which is based on 1.8 times CY18 book value, DMHL’s CY12-17 mean.

Broker's Calls

SembMarine’s US$145 mil addition to orderbook within expectations

SINGAPORE (Sept 12): CIMB Research is maintaining “neutral” on Sembcorp Marine (SembMarine) with an unchanged price target of $1.65, which is based on 1.3 times price-to-book value (P/BV) -- the stock’s average P/BV before early-2010’s crude oi
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